US corn slides to 9-month low on higher stocks

SINGAPORE, April 1 Sun Mar 31, 2013 7:29pm EDT

SINGAPORE, April 1 (Reuters) - Chicago corn dropped to a nine-month low on Monday, falling more than 3 percent and extending losses after a government crop report on Friday showed larger-than-expected U.S. stockpiles.

Chicago Board of Trade most-active May corn fell as much as 3.4 percent to $6.71-1/2 a bushel, the lowest since late June. (Reporting by Naveen Thukral; Editing by Chris Gallagher)