Corn falls to lowest since March on dry weather in U.S.

Corn declined on Tuesday falling towards the lowest level in nearly two months amid speculation that planting was accelerated by farmers as warm and dry weather hit the U.S., the world's largest exporter of the commodity. Corn for delivery in July lost 1.5% to $4.7075 per bushel on the CBOT and was last seen at $4.7125 by 2:23 p.m. Singapore time.