(Bloomberg) -- Corn prices in Chicago fell, heading for the biggest drop in a month, after a government report showed U.S. farmers planted more acres than expected last week.
Dry weather helped farmers in the 18 top-producing states complete planting of 53 percent of the corn as of May 6, up from 23 percent a week earlier, the U.S. Department of Agriculture said. Farmers planted 39 percent of intended acreage in Iowa and 36 percent in Illinois, the two biggest producing states.
Read more at Bloomberg Commodities News
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