Corn falls on ample US supplies, poor export demand

CHICAGO, Nov 27 (Reuters): Chicago Board of Trade corn futures fell on Monday for a second straight session on lackluster export demand and plentiful US supplies as a record-large harvest wound down, traders said. Soybeans and wheat also declined.

At the CBOT, December corn settled down 5-1/4 cents at $3.67-1/2 per bushel. January soybeans ended down 5-1/4 cents at $10.33-3/4 a bushel and December wheat fell 5 cents at $5.42-1/4 a bushel.

Corn led the way down in lackluster trade ahead of the US  Thanksgiving holiday on Thursday. "Our corn export demand is lagging year-ago levels, probably not meeting expectations. Wheat is the same," said Don Roose,  president of US Commodities in West Des Moines, Iowa.