On Monday, the most‑active December corn contract on the Chicago Board of Trade closed 13.5 cents lower, settling at $4.47 per bushel. The decline occurred alongside a broader commodity sell‑off, as Brent crude oil futures settled 3.9% lower, hitting a one‑week low after the United States abruptly suspended air strikes against Iran over the weekend. The suspension raised market hopes for a diplomatic solution that could de‑escalate the conflict and allow shipping to resume through the Strait of Hormuz. Traders responded to the falling oil prices by locking in profits, contributing to the downward pressure on corn futures. Market tickers reported Light Crude Oil (LCO) down 0.07%, Crude Oil (CL) down 0.91%, while corn futures (ZC) showed a 0.39% uptick in ticker movement, though the primary contract closed lower. Commodity Weather Group indicated that temperatures were expected to moderate after a hot weekend, a factor that could influence corn supply dynamics. No regulatory actions, compliance obligations, or additional corporate developments were mentioned in the article.