# CBOT corn futures fall

> CBOT July corn settled down about 7 cents at $3.67 a bushel, its lowest since May 19, ahead of the USDA's first weekly crop condition ratings. Analysts had expected 68% of the crop to be rated good to excellent.

- Date: 2017-05-31 · published 2017-05-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71025-cbot-corn-futures-fall
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Expectations of improving Midwest weather reduce the weather premium in corn, which pressures feed grain prices in the near term.

## Read by commodity

- CORN: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/4509029

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.