date:Oct 10, 2013
December corn closed 7 1/2 cents lower on the day as a more active harvest expectation over the near-term and a weak cash basis level on the day after talk of aggressive buying of US corn from China helped to spark more aggressive selling.
The market and was still trading near unchanged on the session near 7:00 am but was moderately lower on the day into the pit opening and was down as much as 9 1/2 cents on the day into the mid-session.
China buying rumors, short-covering and wet weather help