Grains Show Weakness Despite Bullish USDA Planting Data

from Arlan:

re:corn
13% US corn planted vs 40% 5-yr avg; Progress at - IL 10%, IN 2%, IA 8%, MN 1%, MO 32%, NE 15%, ND 0%, OH 1%, SD 2% WI 1%

re:wheat
10% US spring wheat planted vs 43% 5-yr avg; ID 51%, MN 3%, MT 7%, ND 1%, SD 22%, WA 60%