Soybeans, Wheat, Corn Fall as Slowing Economy May Curb Use
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Soybeans and wheat fell to the lowest levels in almost six weeks and corn declined on concern that demand for food, feed and biofuels will slow as China curbs growth and European nations cut spending to reduce debt.
The Shanghai Composite Index of equities tumbled 5.1 percent to the lowest level in more than a year. The Standard & Poor’s GSCI Index of 24 commodities fell to a three-month low after the euro declined to a four-year low against the dollar, reducing the allure of commodity investments.