<p><keyword id="47377" type="UNKNOWN" weightage="60" keywordseo="Corn">Corn</keyword> futures continued their massive sell off today as <keyword id="6361649" type="CITY" weightage="60" keywordseo="Goldman-Sachs">Goldman Sachs</keyword> cut its price forecast a full dollar, to $6.50 per bushel from $7.50, <a href="http://www.foxbusiness.com/industries/2013/04/01/goldman-lowers-price-forecasts-for-corn-soy-wheat/">Reuters reported.</a></p>
<p>They were down as much as 8 percent Monday to $6.40, hitting lows not seen since last June.  </p>
<p>Here's the chart:</p>
<p><table class="image-container" width="200"><tr><td><div class="image"><img src="http://static3.businessinsider.com/image/5159d22c69bedd843c000009-620-300/corn 4.png" border="0" alt="corn 4" /></div><p class="source"><a href="http://www.investing.com/commodities/us-corn">Investing.com</a></p></td></tr></table></p>
<p>A bearish USDA report Thursday saying corn supplies had come in higher than expected kicked off the collapse.</p>

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Corn Is Getting Creamed

Corn futures continued their massive sell off today as Goldman Sachs cut its price forecast a full dollar, to $6.50 per bushel from $7.50, Reuters reported. They were down as much as 8 percent Monday to $6.40, hitting lows not seen since last June. Here's the chart: Investing.com A bearish USDA report Thursday saying corn supplies had come in higher than expected kicked off the collapse.

Corn futures continued their massive sell off today as Goldman Sachs cut its price forecast a full dollar, to 6. 50 per bushel from 7.

Corn Is Getting Creamed

Rob Wile

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