CBOT corn futures fall on export concerns
Chicago Board of Trade corn futures slipped on Friday after two days of gains, pressured by concerns about weak export demand, traders said.
Most-active CBOT March corn (CH3) fell 14-1/4 cents to settle at $6.46-1/4 a bushel, while front-month December corn (CZ2) lost 15 cents to settle at $6.35 a bushel.
On Thursday, U.S. Department of Agriculture reported weekly corn export sales of 632,700 tonnes. That compares with market expectations for 475,000 to 1.1 million tonnes.
Statistics Canada reported Canada's corn crop at 14.5 million tonnes, up 4% from last year.
Ukrainian farms had harvested 41.9 million tonnes of grain from 85% of the expected area as of Dec. 1, the agriculture ministry said.