Corn prices are dropping due to multiple factors, including crude oil losses and wheat pressure.
From Yahoo Finance: 2025-06-24 13:25:00
The corn market is down 1 to 4 cents, influenced by crude oil market losses and wheat pressure. USDA reported a private export sale of 630,000 MT of corn to Mexico. Crop Progress report shows corn at 97% emerged, 4% silking, and 70% good/excellent condition. Managed money increased net short position in corn futures. Brazilian corn exports in June estimated at 828,959 MT. Corn prices for Jul 25, Sep 25, and Dec 25 are down.
Read more at Yahoo Finance: Corn Pushing to New Lows on Tuesday