CHICAGO: Chicago Board of Trade corn futures weakened on Friday under spillover pressure from losses in the neighboring wheat market, traders said.
* Front-month CBOT September corn fell 1-3/4 cents to $3.58 a bushel. December corn, which represents the crop that will be harvested this autumn, dropped 1-1/2 cents to close at $3.69-3/4 per bushel.
* CBOT September corn deliveries totaled 440 contracts, fewer than some traders had expected.
* Deliveries against September wheat contracts were heavier than expected, though, knocking down wheat markets and putting pressure on corn prices.
* Grain traders are waiting for details on a "giant package" related to corn-based ethanol that President Donald Trump said on Thursday his administration is planning.
* Traders were also evening up positions ahead of the three-day Labor Day weekend and at the end of the month.