Corn is again the top US crop after soaring grain prices motivated farmers to shrug off weather woes and high fertilizer costs to plant more than expected while cutting back on soybeans. Chicago corn fell to the lowest since early February after the US Department of Agriculture said growers will plant 89.9 million acres , a slight rise from the March estimate. Soy seedings, which had been seen overtaking corn for only the third time in a century, dropped 3% to 88.3 million acres, still the third-biggest ever if realized. America’s producers had incentive to invest heavily in spring plantings after Russia’s invasion of Ukraine sent crop prices soaring to near records, with corn outpacing soybeans amid heightened supply worries. Ample harvests this fall would help replenish war-strained reserves and potentially ease food inflation. “The market […]