Soybeans and Corn Hit Multi-Week Lows on Fund Selling, Harvest
Soybean futures fell to a two-month low and corn to a 2-1/2-month low, pressured by fund long liquidation and active harvesting of expected bumper U.S. crops. Wheat also declined to its lowest level since mid
U.S. soybean futures fell to a new two-month low on Tuesday, while corn reached a 2-1/2 month low. Fund long liquidation and pressure from the active harvest of crops expected to be bumper-sized weighed on both markets. Wheat futures also declined, reaching their lowest level since mid…