Corn tumbles 2% as the USDA lowers its expected crop yield and harvest only marginally from last...

|By:, SA News Editor

Corn tumbles 2% as the USDA lowers its expected crop yield and harvest only marginally from last month's estimates. Also lowered were expected exports - to 1.25B bushels from the already low figure of 1.3B. As a result, new crop ending stocks are now estimated at 733M bushels, up from 650M.