After the Bell: Corn, Soybeans Drop on USDA Surprisingly Large Yield Forecasts

Posted on 08/10/2018 3:54 PM
Corn:  Corn futures closed down 10 1/4 to 11 1/2 cents today, hit nearly three-week lows and saw technically bearish weekly low closes. For the week, December corn futures lost 12 1/2 cents. The beating corn futures took today, following the bearish USDA report, has abruptly halted the near-term price uptrend and opens the door for mor...