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“Corn futures are trading slightly lower this morning following the improvement in crop conditions reported by USDA on Monday afternoon,” Total Farm Marketing said. “July corn is trading 2 cents lower at $4.13-1/2, while December futures are down 1-1/2 cents at $4.40-1/4… The weekly Export Inspections report showed U.S. corn shipments totaled 1.636 mmt (64.4 mln bushels) during the week ending June 11. While shipments remained strong overall, they were lower than the previous week and slightly below the pace recorded during the same week last year.”