CBOT corn ticks down on harvest pressure
CHICAGO, Sept 18 (Reuters) - Chicago Board of Trade corn futures fell on Thursday on seasonal pressure as the harvest expanded in the heart of the Midwest and the dollar firmed, making U.S. grains less competitive globally, analysts said.
CBOT December corn CZ25 fell 3 cents to end at $4.23-3/4 per bushel.
Producers are harvesting in much of the U.S. Corn Belt this week, with only scattered rain delays. While market players continue to monitor anecdotal yield reports, the U.S. Department of Agriculture has projected a record-large corn crop and the nation's fifth-largest soybean crop.
The U.S. Department of Agriculture reported net weekly export sales of corn totaling 1,231,000 tons for the week ended September 11.
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