CBOT Corn Futures Slump On Surprise USDA Stocks Report
CBOT corn futures dropped sharply after the US Department of Agriculture reported that US farmers and grain handlers had 35% more corn in storage as of September 1 than a year earlier.
Chicago Board of Trade corn futures fell sharply on Wednesday as investors rushed to unwind positions after the US Department of Agriculture said US farmers and grain handlers held 35% more corn in storage as of September 1 than a year earlier. Corn stocks…