By
CBOT December corn futures settled down 1-3/4 cents at $3.30 per bushel.
The US Department of Agriculture reported export sales of US corn in the week to Sept. 8 at 703,500 tonnes for 2016/17, below a range of trade expectations for 800,000 to 1,100,000 tonnes.
Traders noted anecdotal reports of some disappointing early yields in the US harvest, but producers had cut only 5 percent of the crop by Sunday and the USDA has projected record-large production.
Argentine farmers will plant 5.7 million hectares with corn in the 2016/17 season, up 18 percent from 2015/16, the Rosario grains exchange said in a monthly crop report.
The CBOT reported 35 corn deliveries against the expired September futures contract.