Corn and Wheat Edge Lower, Soybeans Steady After Hitting 2020 Low

July 10, 2024, 08.52 PM
Source: ReutersEditor: Syamsul Azhar

FOOD COMMODITY - PARIS/JAKARTA - Chicago corn and wheat futures edged down on Wednesday as favorable crop conditions kept a lid on prices. At the same time, soybeans steadied after hitting another near four-year low. 

Rapid wheat harvest progress and good growing conditions for corn and soybeans have weighed on Chicago prices, and traders continue to see weather forecasts as posing limited threats to crops. 

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