CBOT corn closes down on profit-taking, harvest pressure
CHICAGO, Sept 16 (Reuters) -Chicago Board of Trade corn futures fell on pressure from the ongoing corn harvest, profit-taking and spillover weakness from wheat futures.
CBOT corn futures settled down 2-1/2 cents to $4.10-3/4 per bushel.
The U.S. Department of Agriculture is slated to release an update on corn and soy crop condition ratings and harvesting progress in a weekly report after trading ends.
Rain over the coming weekend will only briefly hamper the drying of corn and soy crops before harvesting, Commodity Weather Group said.
Reporting by Heather Schlitz
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