Corn and Soybean Prices Fall On Ample Supply Predictions Despite Midwest Storms


Water surrounds soybean plants in a field near Wyanet, Illinois,... News PhotoAgriculture,Crop,Economy,Farm,Farmer,Field,Food,Harvesting,Horizontal,Illinois,Midwest USA,North America,Outdoors,Rain,Soybean,Storm,The Americas,USA,Water,WeatherPhotographer Collection: Bloomberg Bloomberg Finance LP 2014Water surrounds soybean plants in a field near Wyanet, Illinois, U.S., on Tuesday, July 1, 2014. A powerful wind storm, known as a derecho, swept from the Midwest to the western Great Lakes yesterday, bringing devastating wind gusts, reported tornadoes and heavy rain into Illinois, Iowa, and Nebraska according to Despite the weather, soybeans fell to the lowest since December 2011 as the outlook for record seedings boosted speculation that supplies will be ample in the U.S. Photographer: Daniel Acker/Bloomberg via Getty Images