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VIDEO: Prevented Planting hurdles
DES MOINES, Iowa (Agriculture.com)--The CME Group corn market reached three-week highs on planting concerns Friday. This is intensifying Midwest farmers' plans to stick with original planting intentions, collect prevent plant insurance coverage, or switch from corn to soybeans.
Meanwhile, Dan Looker, Agriculture.com Business Editor, explains that farmers do face upcoming crop insurance dates that could determine whether the U.S. ends up with enough corn and soybean acres to meet the strains of the projected 15-year low old-crop corn stocks shortage.