Corn Planting Reaches 38% Nationwide as Soybean Markets Surge

Listen to the Morning Delmarva Farm Report Update — May 5, 2026

DELMARVA — Spring planting is accelerating across the nation, with the USDA reporting 38% of the country’s corn crop now in the ground and 33% of soybeans planted, marking significant progress from last week.

Weather patterns remain mixed, with some regions dealing with too much moisture while others face unusually dry conditions. Some areas are also seeing cooler temperatures than optimal for this time of year.

Soybean markets shot higher Monday on strong processing margins and optimism about potential trade talks with China later this month. If that meeting happens, it could boost older crop exports.

Markets

July corn is trading around $5.30 per bushel Tuesday morning. November soybeans are near $11.46.

Locally, corn at Laurel Grain Company in Laurel, Delaware is bringing $5.30 for July delivery. Soybeans there are $11.62 for July.

Forecast

Tuesday will be sunny with highs reaching 75° and south winds 15-20 mph. Tonight stays partly cloudy with lows near 59°.

Wednesday brings rain showers likely with highs around 70°. That rain continues Wednesday night with showers and thunderstorms likely, so farmers should plan field work accordingly.

This article is based on the Delmarva Farm Report Update Morning Edition, May 5, 2026. Hosted by Tom Bradley.