Corn futures traded in a narrow range

Corn futures for July delivery traded at 6.5663 USD a bushel, down 0.6% on the day. The July contract traded in a narrow range between 6.5663 USD a bushel, the daily low and a session high of 6.6063 USD a bushel. Corn traders keep monitoring weather conditions across major grain-growing regions in the US due to concerns over US crop prospects. The USDA reported this Monday that 91% of the US corn crop was planted as of June 2, below the five-year average of 95% for this time of year. US grain futures traded lower on Thursday, with the front-month soybean contract drawing back from the...

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