Corn Prices Continue to Decline Amid Weakness in Futures Market
On June 2, 2026, corn futures extended their losses as new crop pressures weighed on prices. The national average cash price for corn dropped by 2¼ cents to $4.05¾. USDA data showed a lower-than-expected initial corn crop rating and reduced ethanol production in April.
Topics: corn crop_progress ethanol_production futures