date:Jun 25, 2013
marketing year that ends Aug. 31.
Analysts had expected total net sales of 200,000 tons to 450,000 tons.
Export demand for U.S. corn has been weak for months, largely because freshly harvested South American supplies have been selling for cheaper.
Corn is also down Thursday as speculative traders sell futures to exit earlier bullish positions. July corn on Wednesday had settled at a fresh, nearly three-month high, boosted by favorable technical signals. Through Wednesday's close, July corn h