Chicago Close: Corn, Soys Fall on Improving South America Forecasts

Corn and soybean futures declined on Wednesday, after rallying a day earlier on US President Donald Trump’s decision to delay trade tariffs. Wheat ended mixed. Soybeans were pressured by improving forecasts for South America. Brazil is expected to see drier weather for soybean harvest progress, which has been lagging, in the coming week. Meanwhile, Argentina forecasts are a bit wetter over the next week, desperately needed for drought-stricken crops. China has reportedly halted soybean shi