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Corn Falls After Three Days of Gains

USDA: 80% of corn acreage and 53% of soybean crop planted

Corn sprouting

Chicago wheat lost ground on Wednesday, with prices falling for three out of four sessions, as improved weather in key exporting countries and slowing demand due to the COVID-19 pandemic weighed on the market.

Reuters reports soybeans edged higher, while corn fell after three sessions of gains.

U.S. farmers have planted 80% of their intended corn acreage and 53% of their soybean crop, the U.S. Department of Agriculture said.

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