Corn futures on the Chicago Board of Trade tumbled early on Wednesday on follow-through selling after Tuesday's limit declines on bearish data in USDA January crop reports, traders said. USDA on Tuesday raised its estimate of the US corn crop above the range of trade expectations. As of 9:38 am CST (1538 GMT), March corn was down 20-1/2 cents at $3.72 per bushel.
January soyabeans down 3/4 cent at $9.68-3/4 a bushel, March down 1 cent at $9.77 a bushel.
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