CBOT corn down under pressure from falling crude oil futures
ReutersFeb 2, 2026 7:43 PM
CHICAGO, Feb 2 (Reuters) - Chicago Board of Trade corn fell on Monday, tracking a slump in broader commodities markets, particularly falling crude oil prices.
Corn and soybeans, whose byproducts are used to produce biodiesel, often track weakness in crude oil prices.
Planting of Brazil's second corn crop reached 13% of the estimated area, compared with 9% a year earlier, consultancy AgRural said on Monday. The first corn harvest hit 10%, lagging behind the 14% seen a year earlier.
CBOT March corn CH26 closed down 2-1/2 cents to $4.25-3/4 per bushel.
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