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Corn Futures Lower at 6:00 a.m. CST Friday

DTN Newsletter comments.

Corn: December corn futures fell another 3 1/4 cents Thursday to close at $4.26 1/2 after fund selling.

Soybeans: January soybeans plunged another 13 3/4 cents to end the day at $11.22 1/2 as traders were disappointed in China soy purchases and funds liquidated some longs.

Wheat: December Kansas City wheat dropped 9 1/4 cents to end the day at $5.06 1/4 as world wheat offers continued to fall and U.S. wheat is overpriced.

Cotton: December cotton fell 0.62 cent to a new low, closing at 61.68.

Live Cattle: December live cattle futures plunged another $1.57 to settle at $214.72, the third consecutive lower close.

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