date:Jul 14, 2014
tion after wholesale-beef and pork prices reached records this month. Margins for Archer-Daniels-Midland Co. and Bunge Ltd. will probably improve with more bushels to process and export.
Corn futures for December delivery fell 2 percent to $3.8475 a bushel, after touching $3.825, the lowest since July 2010. The grain entered a bear market this month.
Domestic reserves of corn on Aug. 31, 2015 will total 1.801 billion bushels, compared with 1.726 billion forecast in June, the USDA said. Global