Grain futures tumbled

Grain futures in the US declined essentially amid wheat and soybean prices falling to the number of months low following the US Department of Agriculture report on the record high production level of the grain commodities and lower US soybean exports forecast. On the Chicago Mercantile Exchange corn futures for delivery in March were traded at USD5.9338 per bushel on Friday, losing 1.47% over the last week and falling for the fifth consecutive week.