Renewable Energy
GRAINS-Soybean Futures extend losses due to favorable US weather and weak demand
Analysts said that Chicago Board of Trade soy futures declined for a fourth session in a row on Wednesday. The decline was attributed to favorable weather conditions across the U.S. Midwest, and weak export demand. Wheat futures also declined, while corn futures increased. Forecasts of cooler temperatures and regular rainfall in the Midwest have boosted expectations for large U.S. corn and soy harvests. According to Vaisala, rain over the last week has improved the conditions for crops. In a daily weather forecast, the U.S. Department of Agriculture stated that "most Midwestern crops are well-watered." The most-active soybean futures fell 13-3/4...