CHICAGO, Sept. 12 (Xinhua) -- U.S. corn and soybean futures found support on export demand in the past week, while wheat futures dipped amid abundant supply, Chicago-based research company AgResource noted.
Corn futures rallied to new summer highs on strong export demand, mostly due to recent Chinese business, as the U.S. Department of Agriculture (USDA) confirmed a U.S. production loss of 380 million bushels. The 2020 U.S. crop is projected at 14.9 billion bushels, the second largest in history, just 200 million bushels below the record set in 2016, AgResource noted.
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