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CBOT corn drops below 200-day moving average

cornCHICAGO: US corn futures fell to session lows in late-morning trading on Friday, with the Chicago Board of Trade March contract briefly falling below its 200-day moving average for the first time since June 22.

 

At 11:00 a.m. CST (1700 GMT), CBOT March corn was down 3-1/2 cents at $6.85-3/4 a bushel. Prices hit a low of $6.83-3/4, just below the 200-day moving average of $6.83-7/8.

 

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