CBOT corn weakens amid ample supplies.

CBOT corn futures closed slightly lower. Plentiful supplies following a bumper harvest in the US Midwest limited follow-through buying. But the market felt oversold after hitting contract lows. The US Agriculture Department reported weekly corn export sales of 866,900 tonnes, down slightly from a week earlier. Analysts had estimated corn export sales in a range from 700,000 to 1.2 million tonnes.