Corn Is Back In a Bear Market as U.S. Rains Spark Reversal

  • November soybeans post biggest-ever drop for contract
  • Rains across Midwest seen maintaining adequate soil moisture

Corn futures are back in a bear market less than a month after entering bull territory as U.S. rains ease crop concerns and boost yield potential. November soybeans had the biggest-ever drop for the contract.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.