Chicago grain prices edge lower on profit-taking
April 16, 2011 00:00:00
CHICAGO, Apr 15 (Xinhua): Chicago grain prices ended moderately lower yesterday, as the recent rally in prices spurred traders to lock in some profits despite a bullish outside market.
The most active corn contract for May delivery trimmed 1.25 cents, or 0.2 per cent, to close at 7.5425 U.S. dollars per bushel. May wheat dropped 12.25 cents, or 1.6 per cent, to 7.405 dollars per bushel. May soybean dropped 2.5 cents, or 0.2 per cent, to 13. 31 dollars per bushel.
