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CBOT corn for July delivery fell 0.5% to $4.44 a bushel after weekend rain fell on growing areas. Soybeans and wheat also declined on expectations that supply will outweigh demand.
The USDA also reported that flesh-eating screwworm was found within 31 miles of the US border, though this is a side headline.
Rain-improved crop conditions and ample supply are pressuring corn and wheat prices lower, while the screwworm detection is a background risk for cattle markets.
marketscreener.comDow JonesJun 1, 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.
Corn fell on weekend rain and expectations of supply outweighing demand.
