Markets

CBOT corn ends lower on falling wheat market

Published December 7, 2017 Updated December 7, 2017 09:38pm

Short-covering limited the declines in corn.

Corn futures firmed overnight but turned lower after the benchmark March contract hit resistance at the 10-day moving average.

The US Agriculture Department on Thursday morning said that weekly export sales of corn were 876,400 tonnes, near the low end of trade forecasts that ranged from 800,000 to 1.2 million tonnes.

 

Copyright Reuters, 2017