- Advertisement -
SINGAPORE- Chicago corn slid on Tuesday, easing from a four-week high scaled in the previous session, as a rapid US harvest put pressure on prices.
Wheat fell for a second session, while soybeans also lost ground.
The most-active corn contract on the Chicago Board of Trade (CBOT) lost 0.4 percent to $5.37-1/2 a bushel, after hitting its highest since Aug. 31 at $5.40 a bushel on Monday.
- Advertisement -
Wheat dropped 0.6 percent to $7.18 a bushel and soybeans gave up 0.5 percent to $12.81-3/4 a bushel.
After the CBOT close on Monday, the US Department of Agriculture (USDA) said the US harvest was 18 percent complete for corn and 16 percent for soybeans, both slightly ahead of the five-year averages of 15 percent and 13 percent, respectively.
