US wheat benchmark future continues downward trend on dim trade outlooks

07.04.2020

Chicago corn futures slid for a seventh consecutive session on Monday to their lowest since 2016, sapped by the prospect of high U.S. plantings and renewed weakness in crude oil that underscored crumbling demand for corn-based ethanol.

U.S. soybeans slid to a two-week low, weighed down by a bumper South American...