American corn and soybean farmers are suffering from too much rain, while Australian wheat farmers have been plagued by drought.
“The planting has gotten off to a poor start,” said Bill Nelson, a Wachovia grains analyst. “The anxiety level is increasing.”
Randy Kron, whose family has been farming in the southwestern corner of Indiana for 135 years, should have corn more than a foot tall by now. But all spring it has seemed as if there were a faucet in the sky. The rain is regular, remorseless.
View complete article at http://www.nytimes.com/2008/06/10/business/10planting.html?hp