Corn Prices Drop Amid Month-End Pressure and Crude Oil Decline
On May 30, corn futures fell by 2 to 9 cents as money flowed out ahead of month-end. The decline was exacerbated by a drop in crude oil prices and uncertainty around the U.S.-Iran agreement. USDA data showed reduced export sales for the week but remained slightly above last year's levels.
Topics: corn export_sales futures market_pressure