date:Sep 06, 2012
lso sell futures as a hedge. Soybeans were pressured by weaker cash markets as physical supplies become cheaper relative to futures due to the coming soy harvest.
Thinly traded CBOT September corn fell 17 1/4 cents, or 2.1%, to $7.89 3/4 a bushel. December corn fell 14 1/4 cents, or 1.8%, to $7.90 3/4 a bushel.
Thinly traded September soybeans fell 23 cents, or 1.3%, to $17.48 a bushel. November soybeans fell 20 3/4 cents, or 1.2%, to $17.47 1/2 a bushel.
The worst U.S. drought in decades has ha