Markets
Corn heads for biggest weekly loss since July on abundant supply
- corn futures edged higher on Friday but were still set for a weekly loss of more than 5%
1 min
By
CANBERRA: Chicago corn futures edged higher on Friday but were still set for a weekly loss of more than 5%, their steepest drop since July, after upward revisions to production estimates underscored abundant global supply.
Wheat and soybean futures also nudged higher, though ample supply capped gains, leaving both contracts on track for modest weekly losses.
Read Also