Corn and soybean prices fell, buffeted by worries over demand for the crops. Net weekly export sales of corn and soybeans both missed analysts' expectations, with corn exports last week down 50% from the week prior, and soybean exports down 66%. according to USDA. May corn declined 2 1/2 cents, or 0.6%, to $3.88 1/2 a bushel.
Still, soybean prices drew support from concerns over flooding in Argentina, which may have damaged the crop there. "They had a lot of rain last week, when its not wanted for this time of the year”. May bean fell 2 1/4 cents, or 0.2%, to $9.90 1/2 a bushel.