Commodities
Corn, Soybean Prices Fall Amid Wet Weather
Grain and soy markets are under pressure on Monday following a weekend of wet weather that hindered harvest progress in many parts of the Corn Belt.
The USDA reports revealed that December corn prices have fallen by 5.5 cents per bushel, while November soybeans have dropped by 25.75 cents.
Additionally, December KC wheat has declined by 13.75 cents, and December Chicago wheat is down 8.5 cents, with December MIAX wheat falling by 7 cents.
The Dow Jones Industrial Average has also taken a hit, losing 353.47 points, while the U.S. Dollar Index is up 0.250 and November crude oil prices have risen $2.01 per barrel.