Corn in Chicago dropped as much as 1.3 percent to $5.2775 a bushel, the lowest price since Oct. 8. Corn for March delivery on the Chicago Board of Trade was at $5.28 at 9:04 a.m. in Tokyo.
Soybeans for January delivery dropped 0.6 percent to $11.9425 a bushel and wheat for March delivery declined 0.7 percent to $6.79.
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