Corn holds near record high; wheat gains

US corn futures edged lower in early Asian hours after hitting a new record high on Monday, although tight supplies and strong demand are likely to keep losses in check as investors target $US8 a bushel. Chicago Board of Trade corn for May delivery slipped less than a cent to $US7.7525 a bushel by 0923 AEDT. The contract hit a lifetime high of $US7.8375 on Monday. CBOT corn has been hitting a

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