US MIDDAY: grain futures down

10 Mar, 2011

Chicago Board of Trade soyabeans and corn fell on Wednesday under pressure from upbeat outlooks for the South American harvest, traders said. Wheat initially edged higher on short-covering ahead of Thursday's USDA report, then sagged along with corn, the traders said.
At 9:56 am CST (1556 GMT), May wheat was down 2-1/2 cents at $7.77-1/4, May corn was down 9 cents at $6.96-1/2 and May soyabeans were 18 cents lower at $13.64.

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