(Bloomberg) -- Corn futures in Chicago declined
from a two-week high and soybean prices fell from a three-year
peak on a forecast for normal rainfall in the U.S. Midwest and
as investors assessed that recent gains were overdone.
The six to 10-day outlook from the National Weather Service
showed normal precipitation in the U.S. Midwest, including Iowa,
Illinois, Indiana and Ohio, according to yesterday's forecast.
Normal precipitation would help the U.S. corn crop to pollinate.
Read more at Bloomberg Commodities News
from a two-week high and soybean prices fell from a three-year
peak on a forecast for normal rainfall in the U.S. Midwest and
as investors assessed that recent gains were overdone.
The six to 10-day outlook from the National Weather Service
showed normal precipitation in the U.S. Midwest, including Iowa,
Illinois, Indiana and Ohio, according to yesterday's forecast.
Normal precipitation would help the U.S. corn crop to pollinate.
Read more at Bloomberg Commodities News
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