“Corn futures are trading lower this morning, pressured by spillover weakness from the energy markets,” Total Farm Marketing said. “May corn is down 3-3/4 cents at $4.45-1/4, while December corn is 5-1/4 cents lower at $4.72-3/4. Corn futures are facing pressure from the drop in crude oil below $100, as easing geopolitical tensions reduce energy prices and weaken ethanol margins. With less support from the energy complex, the biofuel-driven demand outlook for corn softens, removing a key pillar that had been supporting prices.”