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Corn trims losses, closes slightly lower

Jeff Caldwell 08/05/2011 @ 2:08pm Multimedia Editor for Agriculture.com and Successful Farming magazine.

Corn futures saw some signs of life late in Friday's session but still slipped just into the red at the close.

At the close, nearby corn was 3/4 cent lower at $6.93 per bushel, while soybeans closed 8 1/4 cents lower at $13.28, according to Barchart.com. Nearby wheat ended the day 2 3/4 per bushel lower at $6.79 per bushel.

"Under the market conditions, corn and beans have made quite a rally today," says Agriculture.com Marketing Talk member dafeeder.

   

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"Turnaround Tuesday" Fades