Corn futures are trading with contracts fractionally to a penny lower at midday on Tuesday. The CmdtyView national average Cash Corn price is down a penny to $4.36 3/4.
NASS Crop Progress data showed the US corn crop at 76% planted as of Sunday, which was 6% ahead of the 5-year average pace of 70%. The only states to be behind average pace for planting are Kansas, Michigan, and North Carolina. The crop was also 39% emerged, which is 2 percentage points faster than normal.
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