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Corn futures ended Monday trading mostly 6 3/4 to 7 1/2 cents lower, despite a lower US Dollar Index. Weekly export inspections for corn were impressive at more than 1.335 MMT for the week ending Thursday September 22. That was another 3% larger than last week, and nearly 65% larger than the total inspected during the same week a year earlier. Weekly data from NASS showed national crop condition ratings were unchanged vs. the previous week. Approximately 97% of the crop has reached the dent stage, and at least 73% of the crop is considered mature.
Dec 16 Corn settled at $3.29, down 7 1/2 cents,
Mar 17 Corn settled at $3.39, down 7 1/4 cents,
May 17 Corn settled at $3.46, down 6 3/4 cents
Jul 17 Corn settled at $3.52 3/4, down 6 3/4 cents