USDA Downgrades Corn Crop Conditions; Chicago Futures Tick Higher
Corn futures on the Chicago Board of Trade rose modestly on Tuesday after the U.S. Department of Agriculture trimmed its weekly condition ratings for the national corn crop. The USDA reported 60% of the crop as good-to-excellent as of Sunday, a one percentage point decline from the prior week and the lowest reading for the 33rd week of the year sin…