Grains end Wednesday in the red
Corn, soybean and wheat futures all pulled back Wednesday from a sharply higher day on Tuesday, all closing the day's trade slightly lower.
At the close, nearby corn futures were 5 1/4 cents lower at $7.06 per bushel, while nearby soybeans, at $13.68 3/4 per bushel, were 6 1/4 lower, according to Barchart.com. Nearby wheat futures landed 7 1/2 cents lower at $7.10 1/2 per bushel.
Though concerns over continued crop-stressing weather kept losses at a minimum in the corn pit, soybeans were pressured by weather outlooks that favor potential rainfall over the next week.
- Read more: Soybeans succumb to profit-taking
- Also: Corn ends lower in setback from surge
- Wheat futures retreat from 7-week high
- See all the latest grain & livestock futures prices