U.S. soybean futures fell about 1.5 per cent on Thursday on disappointing weekly U.S. export sales data coupled with strong competition from Brazil, where the soy harvest is expanding, traders said.
Demand for U.S. soy hampered by strong competition from Brazil, China's economic woes
Early harvest reports from South America could affect prices
South American rainfall, Chinese demand, good production outlook for U.S., Russian wheat weighing on prices
Wheat followed the firm trend, bouncing after a slide to one-week lows
Chinese demand less certain as real estate crisis deepens there
Outlooks for large soy and corn crops in Argentina, optimism about Brazil's harvest set the tone
KC wheat firms on demand optimism
Analysts suggest farmers will grow less barley
Southern U.S. cotton crop could cap soybean acres
Wheat futures ended up 2.4 per cent on technical buying and weakness in the dollar