US MIDDAY: soya, corn down

04 Jun, 2009

Chicago Board of Trade soyabean and corn futures fell about 2 to 3 percent by midday Wednesday as the firming dollar spurred profit-taking in commodities, traders said. Both July corn and soyabeans slipped below key moving averages, with corn dipping below its 200-day moving average of $4.39 and soybeans under its 10-day MA of $11.83-1/2.

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