Corn drops the most in 5 years in 2013

Corn declined on the last trading session of this year and was set to record its weakest year since 1960 and the worst yearly performance in a five-year period as global output advanced to record highs. Corn for immediate delivery slipped 39% this year to a level of $4.2325 per bushel as of 2:19 p.m. Singapore time.