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Corn Drops After US-Iran Halt Attacks as Traders Weigh US Heat

Corn Drops After US-Iran Halt Attacks as Traders Weigh US Heat
Bloomberg Markets Monday 29 June 2026, 04:38 UTC By Sara Bapat 1 min read
Key Points

Commodities Corn Drops After US-Iran Halt Attacks as Traders Weigh US Heat Corn futures slipped after hostilities between the US and Iran eased, while traders monitored hot weather in the US that could impact crops. The most-active futures in Chicago dropped as much as 1.3%, extending declines for a second session. Washington and Tehran have agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, following a recent flare-up that...

Commodities Corn Drops After US-Iran Halt Attacks as Traders Weigh US Heat Corn futures slipped after hostilities between the US and Iran eased, while traders monitored hot weather in the US that could impact crops. The most-active futures in Chicago dropped as much as 1.3%, extending declines for a second session. Washington and Tehran have agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, following a recent flare-up that tested a ceasefire.
Corn Drops (PERSON) US (LOCATION) Iran (LOCATION) Chicago (LOCATION) Washington (LOCATION) Tehran (LOCATION) the Strait of Hormuz (LOCATION)
Originally published by Bloomberg Markets Read original →

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