Corn and soy futures retreat on harvest progress ahead of USDA
Chicago corn and soybean futures eased from one-week highs as Midwest harvest expanded, while a strong dollar and uncertainty ahead of USDA monthly crop reports weighed; wheat also sagged.
Chicago corn and soybean futures eased from one-week highs on Wednesday as the Midwest harvest expanded, the dollar strengthened and traders awaited the US Department of Agriculture’s monthly crop supply and demand reports due on Friday, analysts said. Wheat futures also fell.