Ag markets began Wednesday's trading in mixed fashion

Favorable conditions continued depressing corn futures Tuesday night. Although China announced overnight that it will increase its domestic grain storage capacity by 50 million tonnes, that apparently did little to support corn futures. Prospects for a bumper autumn harvest reportedly dragged yellow grain prices lower once again. July slid 2.5 cents to $4.405/bushel early Wednesday morning, while December declined 2.75 to $4.38.