USDA is reporting that only 4% of corn acres and 15% of soybeans are still to be planted as of June 23, 2019. Farmers managed to get another 4% of their corn in the ground in the past week, taking the total percentage of acres planted to 96% (vs. 92% the previous week).

As of June 16, 92% of U.S. corn was in the ground and 77% of soybeans had been planted. Both remain far behind the normal pace of planting and a high level of uncertainty remains about how much corn will actually get planting at this late date.