天气前景改善，蚕豆跌至三年低点

Soybean prices fell to a fresh three-year low Monday, as the forecast for near-normal rains across the Midwest in the next two weeks provided further evidence that the U.S. in poised for a bumper harvest.

Meanwhile, export sales of the incoming production have been slow, prompting concerns about demand.

Soybeans (S_1:COM) for September delivery on the Chicago Board of Trade closed -0.8% to $10.40 3/4 per bushel, after plunging as much as 2.9% to $10.18, the lowest since October 2020 for a most-active contract.

Meanwhile, CBOT September wheat (W_1:COM) settled +1.3% to $5.30 per bushel, rebounding from its Friday close at $5.24, the lowest level in roughly four years, and corn (C_1:COM) for December delivery ended +0.7% to $4.13 per bushel.

ETFs: (NYSEARCA:SOYB), (NYSEARCA:WEAT), (NYSEARCA:CORN), (DBA), (MOO)

Stronger than expected rainfall over the weekend pulled CBOT grains lower early, with forecasts showing hot and dry conditions turning milder, Dow Jones reported.

The National Oceanic and Atmospheric Administration's latest outlook for weather through early August turned less adverse for the Corn Belt, although focus on the better forecast faded through afternoon trading.