Soybeans fall to three-month low, under $10: Podcast

New forecasts lack weather threat for crops.

Soybeans tumbled to a three-month low on Friday and were under $10/bu. as a new 30-day forecast put mild temperatures and some rain in key Midwest crop areas. In addition, widespread rain fell in Illinois overnight.

Wheat futures held modest gains as storms this week in North Dakota may threaten the spring wheat there. Also, in Europe, low yields were expected from France's harvest due to excess rain earlier in the growing season.