Corn Tumbles to 5-Week Low After US Stocks Data
Corn fell more than 3% to around $5.00 a bushel, the lowest in five weeks, after the USDA reported US inventories well above market expectations. Corn stocks as of September 1 stood at 2.095 billion bushels, compared with trade estimates of 1.918 billion, highlighting a larger supply cushion than anticipated. Traders w