Corn futures are trading with 5 to 8 cent losses so far on Tuesday. There were 35 deliveries issued against May corn overnight. The CmdtyView national average Cash Corn price is 5 1/2 cents lower on the day to $4.37 1/2.
NASS Crop Progress data showed the US corn crop at 38% planted as of Sunday, which was 4% ahead of the 5-year average pace of 34% and is now matching the pace from last year. The crop was also 3% emerged, which is 4 percentage points faster than normal.
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