CHICAGO, June 19 (Xinhua) -- Chicago Board of Trade (CBOT) agricultural futures settled lower on Wednesday, with soybeans, corn and wheat all falling over one percent as investors continued to book profits.
The most active soybean contract for July delivery was down 10.25 cent, or 1.12 percent to close at 9.0325 U.S. dollars per bushel. July corn delivery was down 8.75 cents, or 1.95 percent to close at 4.41 dollars per bushel. September wheat delivery was down 8.75 cents, or 1.63 percent to close at 5.2675 dollars per bushel.
U.S. corn futures sagged for a second straight session as an absence of fresh bullish news prompted investors to book profits after multi-year highs set this week.
Profit taking continued to weigh on wheat market after CBOT wheat futures dropped to one-week low on Tuesday.
CBOT soybeans also fell on profit taking as soybean futures have risen for seven straight sessions and hit new high over three months in the previous session.
However, soybeans' decline is limited by concerns about crop planting delays and smaller-than-expected acreage. Enditem
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