Corn futures decline on downgrade warnings of S&P

Note: This section contains information in English only.
Source: Forexpros

Corn futures declined to two-month low amid rising competition for US exports. Moreover, concerns on the recent warning by Standard & Poor's to lower 15 euro-zone members credit ratings weighted down on the commodity price. On the Chicago Mercantile Exchange, corn futures for delivery in March were traded at USD5.8312 a bushel at the early European trade, falling by 1.27% since opening.

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