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July corn fell 9 cents to $4.34 1/2 and hit a nearly five-month low on fresh speculative short-selling. Corn-growing weather was described as overall price-bearish, and USDA reported a 136,000 MT sale to South Korea.
Weekly ethanol output and stocks were also reported.
Continued fund selling and favorable weather keep corn prices under pressure, lowering feed costs for buyers in the near term.
profarmer.comPro Farmer EditorsJun 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Fresh speculative short-selling and bearish weather pushed July corn down 9 cents to a nearly five-month low.
Speculative short-selling and bearish corn-belt weather pushed grains and soybeans to multi-month lows, spilling over to soybeans.
