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Corn planting surging ahead of schedule

As of Sunday, 70% of the U.S. corn crop was planted, according to USDA's weekly Crop Progress report, issued yesterday. That's slightly behind a 75% planting pace from a year ago, but way ahead of a 64% five-year average. The report says 18% of soybeans are in the ground, behind 24% a year ago and a 19% five-year average.

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