CBOT Corn Futures Settle Lower After Surprise USDA Stocks Report
Chicago Board of Trade corn futures fell sharply as investors liquidated positions following a U.S. Department of Agriculture report indicating that U.S. 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 cut positions after the US Department of Agriculture said US farmers and grain handlers had 35% more corn in storage as of September 1 than a year earlier. Corn stocks…