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Corn, Soybean Futures Fall in Chicago, Erasing Earlier Gains

February 08, 2012, 2:11 PM EST

By Steve Stroth

Feb. 8 (Bloomberg) -- Corn and soybean futures fell on the Chicago Board of Trade, erasing earlier gains.

Corn futures for March delivery slipped 0.3 percent to $6.4025 a bushel at 10:50 a.m. in Chicago, after gaining as much as 1 percent. A decline today would be the third straight.

Soybean futures for March delivery dropped 0.2 percent to $12.29 a bushel on the CBOT, after gaining 1 percent.

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

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