Soybeans drop for fourth day amid forecast for U.S. Midwest rains

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Source: Bloomberg
Soybeans dropped for a fourth consecutive day in Chicago amid speculation that weather forecast for U.S. Midwest will increase crop outlooks following recent dry weather. November delivery soybeans slid 0.4% to $13.37 per bushel as of 7:42 on the Chicago Board of Trade after the oilseed gained 6.8% from the end of June. December delivery corn was stable at $4.54 per bushel after falling 3.9% in the last four sessions.
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