When there's an excess of rain, crops are susceptible to flooding and waterlogged soils, resulting in immersion of plants. 

USDA's crop progress report for the week ended May 1 reported 14% of corn crops and 8% of soybeans have been planted.

Corn grown following alfalfa stands that are 2 years and older (and contained at least 50% alfalfa) require no nitrogen (N) fertilizer on many soils. Red clover N credits are less than for alfalfa.

The Russian invasion of Ukraine has created uncertainty in global grain exports. While current conditions are creating additional demand for U.S. corn that translates to higher prices in the near term, farmers and others should also consider longer-term risks to the forecast.

Farmers Business Network (FBN), San Carlos, California, on March 30 released its 2022 Planting Report. The FBN Planting Report provides one of the first major survey-based estimates of U.S. farmers’ planting intentions for the year and those market implications, based on more than 2,000 responses responsible for 4.2 million acres across 40 states.