Grain futures traded at the Chicago Board of Trade were mostly lower Thursday as another earthquake in Japan roiled the markets, traders said. May corn futures earlier set a record high at $7.73-1/4 per bushel, rallying on continued expectations for tight supplies and good demand. But gains were cut on profit-taking after the quake hit.
At 9:53 CDT (1453 GMT), May corn was 1-3/4 cents higher at $7.64-1/2 a bushel, with May wheat 6 cents lower at $7.76-1/4 and May soyabeans down 4 cents at $13.72-1/2.