Corn falls on favorable crop ratings, cattle rises on strong beef market.
Shipments of corn, soybeans and wheat were within expectations.
Corn export inspections declined 691,290 MT from the previous week's upwardly revised tally.
Old-crop corn sales topped expectations, while new-crop sales were right in line with what the market expected. Exports of the grain held above 2 MMT.
Wheat inspections dropped notably from last week’s strong showing. Soybean inspections were lackluster, as expected.
An already low spring wheat CCI rating falls even further below the five-year average