Corn prices continued to rise on Tuesday, while other agricultural commodities were mixed as traders continued to weigh last week's crop report from the U.S. Department of Agriculture.
Although the government estimates an unusually large corn crop will be planted, May corn was up another 3.2 cents to $6.582 a bushel on the Chicago Board of Trade.
This despite figures showing that farmers intend to plant the most corn since 1937.
Meanwhile, May soybeans dropped 4.2 cents to $14.166 a bushel -- down a bit after touching their highest in six months.
The May wheat contract edged up 1 cent to $6.58 a bushel, adding to big gains from the past two sessions.
July cotton was down 0.54 cents to 93.03 cents per lb on the Chicago Board of trade, as traders weighed Friday's news that U.S. farmers were planning bigger crops than markets were expecting.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.