Tuesday, May 15, 2012

RTRS- U.S. CORN PLANTING SEEN 86 PCT COMPLETE, SOY PLANTING 43 PCT, AS OF MAY 13-ANALYSTS

CHICAGO, May 14 (Reuters) - U.S. farmers had planted 86 percent of their corn as of May 13, just below the record for mid-May, as farmers in areas west of the Mississippi River made good progress after a slow start, according to analysts polled by Reuters.

Soybean planting was seen at 43 percent complete, up from 24 percent last week and behind the mid-May record of 46 percent that was set in 2005.

The U.S. Agriculture Department will release its weekly crop progress report, with estimates of corn and soybean planting as well as the condition of the wheat crop, on Monday afternoon.