Planting delays are evident across the Midwest, and the markets are starting to factor them in. With the possibility of fewer planted corn acres, the grain trade has all eye on the June USDA crop report. “I’ve heard as much as four to eight million acres less of corn that is going to get planted. That would drastically change the tone of this market,” says Van Ahn and Company COO Kristi Van Ahn. “While those acres won’t officially be recognized until the June report, it will slowly be built into the market.”
