(Bloomberg) -- Soybeans fell for a second session
after reaching a three-year high June 11 on speculation cool, wet
weather may improve crops in the eastern U.S. Midwest, where
plants have been stunted by dry conditions in the past month.
Temperatures will be on average below normal and rains will
be above normal in the period June 18 to June 22, according to
the U.S. National Weather Service. About 70 percent of the crop
was rated good or excellent on June 10, compared with 71 percent
last week and 67 percent a year earlier, the U.S. Department of
Agriculture said this week.
Read more at Bloomberg Commodities News
after reaching a three-year high June 11 on speculation cool, wet
weather may improve crops in the eastern U.S. Midwest, where
plants have been stunted by dry conditions in the past month.
Temperatures will be on average below normal and rains will
be above normal in the period June 18 to June 22, according to
the U.S. National Weather Service. About 70 percent of the crop
was rated good or excellent on June 10, compared with 71 percent
last week and 67 percent a year earlier, the U.S. Department of
Agriculture said this week.
Read more at Bloomberg Commodities News
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