Corn futures rally on strong sales, sugar slumps
date:Dec 14, 2015
reported wheat bottom pickers taking profits today.

March Chicago wheat was down 1.0% at $4.94 a bushel in late deals.

March Paris wheat was up 0.3% at E177.50 a tonne in late deals.

Strong sales

Soybean sales were strong, at 1.4535m tonnes, where markets were expecting 700,000 to 1.1m tonnes.

But the threat of Argentine sales weighed on prices, as Mauricio Macri took over as president.

Mr Macri has pledged a number of reforms which are likely to encourage exports, and could see Argentina
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