US corn futures fell 1 percent on Wednesday on profit-taking after hitting a record high a day earlier on shrinking supplies in the United States due to unflinching demand even at soaring prices. Futures fell for the first time in five sessions after having surged over 15 percent in the past week.
At 11:38 am CDT (1638 GMT), CBOT corn for May delivery was down 6-1/4 cents per bushel at $7.60-1/2, May soya was up 9 at $13.82-1/4 and May wheat down 3 at $7.83-1/4.