Corn Slides Again, Extending Recent Losses


Corn futures slumped again Tuesday, extending a recent slide brought on by expectations of a huge crop this year.

Corn for December delivery fell 6.5 cents to $3.82 a bushel.

Other crops were little changed. Wheat was flat at $5.38 a bushel, and soybeans were unchanged at $10.86 a bushel.

In metals trading, August gold fell $9.60 to $1,297.10 an ounce. September silver fell 2.5 cents to $20.89 an ounce. September copper was flat at $3.25 a pound. Platinum for October delivery fell $8 to $1,485 an ounce, and September palladium fell $3.45 to $868.55 an ounce.