Corn futures at the Chicago Board of Trade were weak early on Wednesday in choppy trade with the adequate global stocks of feed grains acting as an anchor, traders said.
At 10:12 am CDT (1512 GMT), CBOT corn was down 1/4 to 1 cent per bushel. New-crop December was down 1/4 at $2.06-1/2 per bushel. Pit sources said CIS sold 200 December and 500 March and Man Financial sold 200 December. The market was seeking a bottom after last week's sell-off tied to the government report showing a bigger-than-expected US corn crop, traders said.
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