Corn and soybean planting is still on record-setting pace, but rain has caused a major slow down in much of the Midwest. According to USDA, 87 percent of the nations corn crop is planted, which is 9 percentage points ahead of average pace. Soybean planting is at 38 percent, compared to 23 percent this time last year. Yet, for the past two weeks, some parts of the Corn Belt have seen more than a foot of rain. Farmers are already making plans to replant some waterlogged acres. (Agriculture.com) Read more.