US soybean futures fell on Wednesday as sentiment soured after Iran’s missile attack on U.S.-led forces in Iraq, sparking fears of wider war in the Middle East, reports Reuters.
The most-active soybean futures on the Chicago Board Of Trade were down 0.4% at $9.40-1/4 a bushel by 0147 GMT, having closed down 0.1% on Tuesday.
USDA will issue a report on Friday that is expected to show smaller US corn and soy crops, lower U.S. winter wheat seedings and tighter end-of-season grain stocks.
