Trade in Chicago Board of Trade corn options at midmorning on Tuesday indicated the March corn futures contract could fall another 2 to 3 cents, traders said. As of 10:33 am CST (1633 GMT), March corn futures were locked down the 30-cent limit at $3.92-1/2 per bushel following bearish data in USDA's January crop reports, but moves in corn options indicated the contract was valued at $3.89 to $3.90.
January soyabeans down 36-1/4 cents per bushel at $9.65-1/2. March down 36-3/4 cents per bushel at $9.73-3/4.