As May begins, planting progress becomes the focus for grain traders. Most traders are looking for Monday’s corn planting progress to be close to half done. “There’s definitely some traders looking for the western Corn Belt to pull the eastern Corn Belt and get big numbers on Monday,” said Rich Nelson, chief strategist, Allendale. Wet weather is slowing planting progress in the eastern Corn Belt. “A good chunk of Illinois saw some rain in the last week, keeping farmers out of the field for a few days.”
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