Strong Planting Progress Expected

Soybean planting progress to be updated.

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(Commodity Update)

USDA later today is expected to report another strong gain in U.S. planting progress last week. As of May 29, 66% of the soybean crop was planted, up from 50% a week earlier and one percentage point behind the five-year average. Still, planting in Minnesota and North Dakota remains behind schedule and overall crop emergence lags normal.