Corn sinks to lowest since September 2009
source: Reuters
Chicago Board of Trade corn futures sagged 2.6% to its lowest since September 2009, with a plunging crude oil market slashing demand for ethanol, traders said.
According toReuters, U.S. crude oil futures turned negative on Monday for the first time in history as storage space was filling up.
CBOT May corn settled down 8 cents at $3.14-1/4 a bushel. On a continuous basis, the most-active contract bottomed out at $3.13-1/2 a bushel, its lowest since hitting $3.10 a bushel on Sept. 21, 2009.
US Corn Price Idx:ZCPAUS.CM
开放:7.5052
high: 7.6571
low: 7.4727
close: 7.6511
US Soybean Price Idx:ZSPAUS.CM
open: 16.4127
high: 16.553
low: 16.3524
close: 16.5066
US Hard Red Winter Wheat Price Idx:KEPAUS.CM
open: 11.4799
high: 11.8049
low: 11.3599
close: 11.7724
US Soft Red Winter Wheat Price Idx:ZWPAUS.CM
open: 10.6541
high: 10.9218
low: 10.5761
close: 10.8899
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