Corn futures (CORN -7%) tumbled to their biggest losses since May after the USDA's quarterly...

|By:, SA News Editor

Corn futures (CORN -7%) tumbled to their biggest losses since May after the USDA's quarterly stock reports show higher than expected stockpiles and forecast farmers would plant the largest crop in 77 years. "This sets the undertone of lower prices over the next several quarters, unless unfavorable weather develops," a senior commodity analyst says.