Corn and Soybean Futures Diverge

Posted on 03/09/2017 10:22 AM
Corn futures extended their price slide, with selling pressure intensifying after USDA shocked the markets by raising rather than reducing corn planted acreage from March intentions and delivering a larger-than-expected June 1 corn stocks number. In stark contrast, soybean futures rallied in response to mildly friendly acreage data and...