1. Corn futures dropped after an influential crop forecaster said the government underestimated spring plantings. 2. Corn rose with soybean markets amid forecasts for a jump in spring plantings. 3. Differing ideas on damage from the recent freeze in wheat regions continued to boost prices, as did slow spring wheat plantings. 4. Floods in North Dakota and Minnesota likely will cut spring wheat plantings, in favor of soybeans, which can be planted later. 5. In NEW YORK, wheat futures fell after a six-day rally on speculation that farmers would take advantage of higher prices by planting more spring wheat. 6. Insects have damaged fields in the southeastern U.S. while delayed plantings this spring could leave some plants vulnerable to frost. 7. Prices had risen this week as traders grew concerned that heavy rains might delay spring planting. 8. Prices have been boosted in recent days as rain delays spring plantings, which could result in lower yields. 9. Soybeans plunged after the government reported unexpectedly large spring plantings, all but ensuring a record crop and ample supplies. 10. Spring plantings require extra water to nourish them throughout the summer because they lack an extensive root system. |