Warm and dry weather in the U.S. Midwest on Wednesday will help boost corn plantings that have fallen to a record low pace, which poses a threat to production prospects, an agricultural meteorologist said.
After a cold and wet spring in most of the U.S. crop belt, farmers have seeded 28 percent of their intended corn acres, up from 12 percent a week earlier but far behind the five-year average of 65 percent, the U.S. Department of Agriculture said in a weekly report on Monday.
The planting pace for corn was the slowest for this point in the year in USDA records dating back to the 1980s, lagging 1984, when farmers had seeded 29 percent of their corn.
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