Corn ETF Pops After USDA Pares Forecast

The Teucrium Corn Fund (NYSEArca: CORN) saw a modest intraday pop after the USDA unexpectedly lowered its 2014 corn crop yield forecast. The USDA lowered its 2014 corn forecast to 173.4 bushels per acre from last month’s outlook of 174.2 bushels per acre. Traders expected the USDA to say corn...