Corn futures at the Chicago Board of Trade were weak early on Thursday amid spillover selling from a sharp drop in wheat futures, traders and analysts said.
Volatile dealings ensued in early trade with the market initially hit by an early slide in outside markets, including gold and crude oil, but the gold market was showing signs of resiliency by midmorning.
At 10:33 am CDT (1533 GMT), CBOT corn was unchanged to 1-3/4 cents per bushel lower, with May down 1/2 at $2.31 per bushel. July was down 1/2 cent at $2.42-3/4 per bushel.
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