Corn ETF Crashes as Farmers Plant Most Since 1930s
March 28, 2013 at 13:15 PM EDT
Teucrium Corn Fund (NYSEArca: CORN) plunged 6% on Thursday following a government report that U.S. farmers intend to plant the biggest crop since 1936. The corn ETF was selling off on heavy volume after the USDA estimated farmers will plant 97.3 million acres of corn this year. Corn was limit down...