Thursday, May 22, 2025

Corn hits near 3-week low; wheat falls

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SINGAPORE- Chicago corn futures slid for a fourth straight session on Monday, with the market dropping to its lowest in nearly three weeks on long liquidation and easing concerns over supplies.

Wheat fell more than 1 percent, while soybeans also lost ground.

“The agriculture market got a bit ahead of itself,” said Phin Ziebell, agribusiness economist at National Australia Bank.

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