US MIDDAY: new-crop corn tumbles
date:Jul 10, 2014
US new-crop corn futures on Wednesday fell for a seventh straight session, the market's longest slide in a year, and set new contract lows as forecasts for nearly ideal crop weather raised expectations for record harvests. New-crop soyabean futures dropped to their lowest level since early February, while wheat joined corn in setting contract lows. Traders pushed down prices ahead of the release of monthly US Department of Agriculture report on Friday that is expected to increase the outlook for
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