USDA: Corn planting is ahead of 5-year average

U.S. corn plantings were about 53% complete as of Sunday, up from 12% during the same period last year and ahead of the five-year average of 27% for the same time of the year, according to the Department of Agriculture. The above-average rate of planting is boosting expectations that this year's harvest will be bigger than last year's. About 15% of the corn has sprouted, up from 4% at this time last year and ahead of the five-year average of 6%, the USDA added.

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U.S. Corn Planting Gains as Midwest Farmers Work Around Rain - Bloomberg Businessweek

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