Corn Has Longest Losing Stretch Since March on Dry U.S. Weather
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Corn futures dropped for a sixth day in Chicago, the longest losing stretch since March, on speculation drier weather in the U.S.’s Midwest will boost crop development in the country, the world’s largest corn exporter.
Corn for December delivery fell 0.9 percent to $3.5725 a bushel on the Chicago Board of Trade at 2:14 p.m. Paris time. The most-active corn contract has dropped 14 percent this year and is up 3.6 percent in the second quarter.