Corn prices are down 4 to 5 cents, following gains on Monday. July futures expired with deliveries and open interest increased. Crop Progress data shows 34% of US corn silking. Export Inspections reveal 1.287 MMT shipped last week. Rains expected in the Corn Belt. Corn futures closing prices show slight fluctuations.
On July 10, 1.287 MMT of corn was shipped, down from the previous week but up from last year. Top destinations include Mexico, Japan, and Brazil. Weather forecast predicts widespread rain in the Corn Belt. Corn futures closing prices fluctuate slightly.
Read more at Yahoo Finance: Corn Giving Back Monday Gains Early on Tuesday