Corn slips on boosting global supply

Source: Bloomberg
Corn futures for July delivery were lower by 0.5% to $6.295 per one bushel on the Chicago Board of Trade on Thursday. The price of corn decreased, as the U.S. Department of Agriculture boosted estimations for the world inventories from 117.5 million to 125.29 million metric tons, exceeding analyst estimation of 120.41.

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