Reading Time: 2 minutes U.S. corn and soybean futures fell to three-year lows on Thursday, dragged down by expectations of ample South American harvests and rising stockpiles at a time of uncertain demand, analysts said.
Rising stockpiles, falling Chinese demand spurred massive short in corn, soy
Corn-based ethanol industry frustrated by late start date
Corn downturn likely to keep feedlots looking to extend coverage
Growers miscalculated when they held on to corn rather than booking sales, experts say
Soybeans followed corn lower; wheat ended mostly weaker
Lower prices blamed on funds, 'too much farmer ownership'
Net short in soybeans, corn also grew
Soybean market oversold, analyst says
More soybean acres; corn and wheat area to drop