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Soybean Futures Fall Most in Four Weeks in Chicago; Wheat Drops

Oct. 28 (Bloomberg) -- Soybean futures for Jan. delivery fell 2% to $12.68/bu on the Chicago Board of Trade, the biggest drop for a most-active contract since Sept. 30. * Wheat futures for Dec. delivery declined 1.4% to $6.81/bu,

the largest loss since Sept. 20 * Widespread rain beginning Oct. 31 will ease drought

conditions in Argentina and improve crop prospects in

Brazil, the Commodity Weather Group LLC said today in a

report * Winter-grain planting progressed in Russia and Ukraine,

easing concerns that sowing delays due to wet weather will

reduce production in the Black Sea region

For Related News and Information: Top agriculture coverage: TOP AGR <GO> Commodity stories: TOP CMD <GO>

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