USDA crop progress report for June 1, shows that 74 percent of the crop had emerged. That's nearly a 50 percent increase from at was reported the week before; at the time, USDA reported only 52 percent of the crop had poked through the ground.

The 74 percent compares with this time last year when 99 percent of the corn crop had surfaced. A five-year average for June 1, is 98 percent.

The soybean crop is struggling with a generally cool, wet season. Just 32 percent of the soybean crop was up as of June 1. That compares with 64 percent in 2007, and 55 percent for the five-year average.

Of course, as USDA points out, only 69 percent of the intended soybean acres were planted as the calendar flipped over to June. Last year, that level was at 86 percent, and on average for the last five years, 81 percent of the intended soybean acres were planted by now.
 

Source: USDA