Corn futures slide again, extending recent losses; Most metals slip

Corn futures slumped again, extending a recent slide brought on by expectations of a huge crop this year.

Corn for December delivery fell 6.5 cents to $3.82 a bushel Tuesday.

The price of corn has been falling steadily over the past several weeks as traders expect favorable growing conditions in the U.S. to translate into a bumper crop. Corn traded as high as $5.22 a bushel on April 29.

Other crops were little changed. Wheat was flat at $5.38 a bushel and soybeans were unchanged at $10.86 a bushel.

In metals trading, August gold fell $9.60 to $1,297.10 an ounce. September silver fell two cents to $20.89 an ounce.

Copper was flat at $3.25 a pound.

Energy prices fell. Oil dropped 95 cents to $99.96 a barrel.