Planting progress is expected to remain slow across the entire Corn Belt. “Soil temperatures are not at germination threshold,” said Dan Basse, president, AgResource Company. “Farmers don’t want to put seed in the ground and hope it comes up in two to three weeks.” The bulk of spring planting could be concentrated into two-to-three weeks in the last week of April and first part of May. Basse expects prevent plant to enter the conversation as planting delays continue. “If big rains come early, farmers may consider prevent plant as an option. That seems strange with prices so high, but revenue insurance was so fancy this year. If farmers don’t have enough fertilizer or chemicals, that could pay off. We’re closely monitoring that in the Northern Plains, Delta and southeast states.”
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