date:Aug 21, 2014
Corn for December delivery fell 0.7 per cent to $3.6975 a bushel by 7:14 a.m. on the Chicago Board of Trade. The price has dropped 12 per cent this year. Soybeans for November delivery fell 0.2 per cent to $10.5025 a bushel, down 19 per cent in 2014.
Corn production in the US, the worlds top producer, may rise to a record 14.032 billion bushels this year, the US Department of Agriculture said Aug. 12. Soybean output was pegged at 3.816 billion bushels, also an all-time high.
Corn yields in Ind