Saturday, 16 April 2011

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Chicago corn prices extend losses as fund-selling continues

  • Saturday, 16 April 2011
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  • CHICAGO, April 15 (Xinhua)-- Chicago grain prices extend losses on Friday, as Goldman Sachs(NYSE:GS) suggested investors liquidate long positions in commodities as they feel the markets could be reversing in the near term. Wheat bounced off, ending a three-day losing streak on bargain hunting, soybean also advanced. The most active corn contract for May delivery dropped 12.25 cents, or 1.6



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