Chicago Board of Trade corn futures fell about 2 percent early on Friday as a global glut of feed grains weighed on prices, while soybean futures followed corn down before rebounding, traders said.
At 9:42 am CST (1542 GMT), CBOT December corn was off 7 cents at $3.56-3/4 per bushel with March down 7 cents at $3.73. January soybeans were 2 cents higher at $8.58 a bushel after initially falling about 7 cents.