Corn futures rounded out the Tuesday session on a mixed note, with front months down ¼ to 1 ¾ cents and new crop contracts up ¾ to 2 ¾ cents. The CmdtyView national average Cash Corn price was down 1 1/2 cents at $3.83 3/4.
Weekly Crop Progress data from after the close on Monday showed 94% of the US corn crop emerged by June 14, 1% above the 5-year average. US condition ratings were 68% in good to excellent condition, up 1 percentage point from the previous week. The Brugler500 index was up 1 point on higher excellent ratings to 373. Improvement was noted in OH (+21), SD (+14), IN (+7), and MN (+4), with deteriorating conditions in IA (-9), MO (-7), NE (-10), and ND (-2).
