Corn, soybeans drop as traders book profits
US corn and soybean futures fell Friday after multiyear highs; traders cited profit-taking as harvesting expanded in the Midwest amid scattered rains.
US corn and soybean futures fell on Friday as traders took profits after recent multiyear highs, while crude oil NYMEX:CL1! prices weakened and Midwest harvesting expanded despite scattered rains, analysts said. Attention was shifting to next week's meeting between presidents D…