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US Corn Crop Condition Declines Sharply, Lifting Futures

The USDA's Crop Progress report indicated a 3-point decline in the U.S. corn crop's condition, falling to 54% good-or-excellent this week. Analysts note this move is unusual for this time of year.

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S. corn crop fell 3 points this week to 54% good-or-excellent. Analysts said the size of the move is unusual for this time of year. The current crop is only a point ahead of 2023, which finished as the worst-rated crop s…