Soybeans Price Slump as Record US Harvest Expected
date:Aug 26, 2014
Soybeans slumped to the lowest level since 2010, extending a second weekly loss, on expectations farmers in the US will harvest a record crop.

Futures for delivery in November declined as much as 0.9 per cent to $10.325 a bushel on the Chicago Board of Trade, the lowest for a most-active contract since September 2010, and was at $10.335 by 2:10 p.m. in Singapore. Prices declined 1 per cent last week and are down 4.5 per cent in August.

Soybeans tumbled 26 per cent in the past year on expectati
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