Ag markets took some rather divergent paths Wednesday

Favorable crop prospects seemed to renew pressure on CBOT corn Wednesday. Talk that recent corn and wheat losses will reinvigorate demand boosted those markets Tuesday night, but yellow grain increases prices couldn’t be sustained. Traders apparently resumed their recent sales in response to the favorable moisture situation across the Corn Belt. July corn slipped 2.0 cents to $4.5625/bushel in late Wednesday trading, while December slid 0.75 cent to $4.535.