Corn futures for September fell below $4, closing at $3.98, down 5.5 cents, on Tuesday. The CmdtyView national average Cash Corn price was reported at $3.84, a decrease of 5 cents. Additionally, the USDA announced a private export sale of 112,776 metric tons of corn to Mexico for new crop shipment.
As of July 6, 18% of the U.S. corn crop was reported to be silking, which is 3 points ahead of normal. The condition ratings improved by 1% to 74% classified as good/excellent. The Brugler500 index rose 3 points to 385, with significant improvements observed in states like Kansas and Iowa.
