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Markets

CBOT corn futures slightly lower

Published Updated

CHICAGO Chicago Board of Trade corn futures ended slightly lower on Wednesday as beneficial rains hit growing areas, traders said. CBOT July corn was down 1-1/4 cents at $3.26-1/4 a bushel at the close of trading.

Rains fell across the Delta, Midwest and the northern Plains that generally eased dryness and favored growth of corn and soybeans, according to Maxar, a weather firm. Some flooding in the Delta and Midwest was not severe enough to cause significant crop damage, the company said.

Copyright Reuters, 2020

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