Feds say world corn supplies will grow slightly; prices drop

Corn prices dropped Thursday after the U.S. Department of Agriculture said worldwide supplies would increase slightly. The monthly estimate of surplus corn stocks was left unchanged at 675 million bushels. Corn responded by falling 19 cents per bushel to $6.76 for May delivery. Soybeans were down early, but they reversed with a 5-cent-per-bushel gain to $13.49 near the end of trading on the

http://bit.ly/hnrD5a