Corn futures are ending sharply lower as traders worry that export demand may be slipping.
Corn for July delivery settled at $5.7950 Friday, a decrease of 22 cents, or 3.7 percent. Wheat and soybeans contracts also fell.
John Sanow, market analyst at Telvent DTN, a commodity information firm in Omaha, says traders were concerned about a report Thursday showing a sharp decline in export sales the previous week.
Gold and oil prices edged higher. Gold for August delivery rose $8.50 to $1,628.10 an ounce, and crude oil increased 12 cents to settle at $84.03 a barrel.
