Corn Falls as Post-WASDE Correction Continues
By Kirk Maltais --Corn for March delivery fell 3.9% to $5.34 1/2 a bushel on the Chicago Board of Trade Wednesday as grains fell after Tuesday's WASDE report showed a smaller-than-expected cut to ending stocks. --Soybeans for March delivery fell 3.4% to $13.54 a bushel. --Wheat for March delivery fell 2.2% to $6.35 1/2 a bushel. HIGHLIGHTS Collecting Profits: Grain futures dropped Wednesday. Traders opted to take profits in reaction to a muted movement in stockpile figures from the government. "The USDA numbers were nowhere near what trade has been assuming given the export ...
Source: marketscreener.com