2023-08-31 22:43:11
Soybean prices fell on the Chicago Board of Trade for the third consecutive session Thursday, but ended the month higher after support from a recent brisk export and concerns that dry weather could damage crops, and wheat ended the session lower under pressure from ample global supplies.
Corn ended the day and month lower after well-timed rains earlier in the season supported US crops.
Chicago Board of Trade soybean futures lost 18 cents to $13.68 and three-quarters of a cent a bushel, the biggest daily drop since Aug. 15. Over the month, the most active soybean futures added 2.68 percent, the largest monthly gain since June 2023.
Chicago Board of Trade wheat futures lost five cents to $6.02 a bushel, after falling to $5.93 and a half, its lowest since June 1. Over the course of the month, the most active wheat contract fell 9.69 percent, the largest monthly decline since November 2022.
Corn fell two and a half years to $4.78 and a quarter of a cent a bushel, down 6.58 percent during the month, the largest decline since June 2023.
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