Corn futures soften amid more Brazil cargo buying rumors, edible oils sink
Corn futures on China’s Dalian Commodity Exchange (DCE) continued to slide on Thursday with the main contract down for the fourth consecutive session to reach the lowest point in nearly a month.
The futures curve remained under pressure as more rumors of Chinese purchases of Brazilian corn were circulated in the market.
Following reports of state-owned giant Cofco having several corn cargoes ready to load in Brazil this m...