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Commodities

Corn Futures Fall from 15-Month High Amid Weaker Oil Prices

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Oil Corn
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CBOT corn futures fell on Monday after reaching a 15-month high on Friday.

The December contract was last down 13-3/4 cents at $4.73-3/4 per bushel, according to Investing.com.

Weaker oil prices and profit taking dragged down the market, traders said.

Improving U.S. crop weather added additional pressure to prices, with temperatures expected to ease after hot weather over the weekend and rain limiting dryness, according to Commodity Weather Group.

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