Corn futures on the Chicago Board of Trade fell to a one-week low early on Friday, taking their cue from other commodities in an industry-wide sell-off as a stronger dollar sparked speculative liquidation in hard assets, traders said.
July corn was 6 cents lower at $2.54-1/4 per bushel by 11:15 am CDT (1615 GMT), filling in a $2.47-1/2-$2.56 chart gap left from last Friday, when corn rallied on monthly crop data.
The back months were 5-1/2 to 6-1/2 cents lower.