Bloomberg News

Corn, Wheat Decline Most in Two Weeks in Chicago; Soybeans Fall

September 01, 2011

Sept. 1 (Bloomberg) -- Corn and wheat fell the most in two weeks on the Chicago Board of Trade, and soybeans declined.

Corn futures for December delivery dropped 8.5 cents, or 1.1 percent, to $7.59 a bushel at 9:36 a.m. in Chicago, heading for the biggest decline since Aug. 18. Wheat futures for December delivery slipped 19.25 cents, or 2.4 percent, to $7.7225 a bushel on the CBOT. A close at that price would mark the biggest drop since Aug. 18. Soybean futures for November delivery declined 11.5 cents, or 0.8 percent, to $14.46 a bushel in Chicago.

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net


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