Photo: Thinkstock

U.S. grains: Soybeans fall to 1-month low as weather boosts prospects

Chicago/Reuters – U.S. soybean futures dipped to a one-month low on Thursday as beneficial rains crossed the Midwest crop belt, bolstering yield prospects for the oilseed crop, traders said. Corn followed soybeans downward, but pared losses as analysts mulled private corn yield estimates that fell below the U.S. Department of Agriculture’s (USDA) forecasts. Wheat hit