CBOT Corn Futures Fall 5.85% in May, Wheat Down 4.16%, Soybean Oil Rises 4%

According to Bloomberg's grain commodity index, CBOT commodity prices declined on Friday (May 29). The Bloomberg grain index fell 1.59% to 31.1343 points, marking a 3.15% weekly decline and 3.85% drop for May.

CBOT corn futures fell 5.85% for the month to $4.47 per bushel, while wheat futures declined 4.16% to $6.1025 per bushel. Soybean oil futures rose 4% for May, while soybean futures decreased 1.08% to $11.8650 per bushel.