CBOT corn futures fall

Chicago Board of Trade (CBOT) corn futures fell nearly 2 percent on Tuesday on expectations for improving crop weather conditions in the US Midwest, traders said. CBOT July corn settled down 7-1/4 cents at $3.67 a bushel after dipping to $3.66-1/4, its lowest since May 19. Ahead of the US Department of Agriculture's first weekly US condition ratings for the 2017 corn crop, due later on Tuesday, analysts surveyed by Reuters on average expected the government to rate 68 percent of the crop as good to excellent.