US MIDDAY: corn eases

26 Aug, 2006

Corn futures at the Chicago Board of Trade were weak early on Friday on end-of-week profit-taking after the strong close on Thursday, traders said. Trading was quiet and choppy with the corn market finding a bit of buoyancy from a strong rally in wheat futures with fund buying and technicals boosting that market.
At 11:03 am CDT (1603 GMT), CBOT corn was down 1/2 to 1-1/4 cents per bushel, with September down 1 at $2.26-1/2 per bushel. New-crop December was down 1-1/4 at $2.43.

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