Report buyers get burned as corn moves 1.3% lower on the day, a full $0.40 off the level hit in...

|By:, SA News Editor

Report buyers get burned as corn moves 1.3% lower on the day, a full $0.40 off the level hit in the minutes after the USDA confirmed what everyone has known for weeks - the harsh weather is hurting the crop. Beans and wheat remain higher, but also sharply off post-report levels.