Planting Delays in Northern Corn Belt Could Push Corn Prices Even Higher

SUGAR LAND--May 13, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Reports coming in about delayed corn planting in the Corn Belt States of Illinois, Iowa, Indiana and Ohio are causing those tied to the corn industry some anxiety, but no one seems to be panicking yet. The time for getting corn seeds in the ground is running out, and some states like Illinois, where it's too wet to get equipment into the field, are said to be behind in planting -- down 30% less than normal.