Corn prices are under pressure following US export sales data, which recorded over 511,000 tons of US corn sold in the week ending June 13—below market estimates. Additionally, two importers from South Korea bought 66,000 tons and 132,000 tons of corn through international tenders.

The September Corn Contract fell during the final session of the week, with the June 21 settlement price at 440.5 cents per bushel, down 0.96% from the previous session.

Meanwhile, US soybean export sales data came in within market estimates and at a high for the past 15 weeks, exceeding 556,000 tons. Of this, China purchased nearly 214,000 tons. These are old-crop orders, with China not yet placing orders for the new crop.

The September Soybean Contract recovered in the final session of the week, with the June 21 settlement price at 1,119.5 cents per bushel, up 0.56% from the previous session.

Wheat prices declined in the final trading session of the week despite weekly export sales reaching the highest level since mid-January, totaling nearly 590,000 tons. This figure is double the previous week and exceeds market estimates.