Corn Moves Down

July Corn is trading at 362 1/2, down 5 1/2 cents. December Corn is trading at 380 3/4, down 5 cents.

Market talk about U.S. plantings and growing season ahead is non-stop. Chatter that Southern Hemisphere corn is cheaper than U.S. corn has led to some selling on rallies. Market talk about increased Chinese selling of state reserves has been making the rounds.