Corn futures at the Chicago Board of Trade turned lower early on Friday on spillover selling from a faltering wheat futures market, traders said.
Corn held firm earlier in the day as wheat futures rallied and on support stemming from a cut by USDA in US corn ending stocks for the old-crop and new-crop marketing years, traders said.
At 10:37 am CDT (1537 GMT), CBOT corn was down 1/2 to 2-1/2 cents per bushel, with July down 2-1/2 at $2.43 per bushel. New-crop December was down 2-1/4 cents at $2.68-3/4.