Chicago soybean futures fell about 5.3% this week, with wheat cumulative decline exceeding 2.9%

On Friday (March 20), at the close in New York, the Bloomberg Grain Classification Index fell 1.33% to 31.4890 points, down 3.01% for the week. This week, CBOT corn futures declined 0.21%, CBOT wheat futures fell 2.93%. CBOT soybean futures dropped 0.68% to $11.6050 per bushel, down 5.28% for the week. On March 16, prices dropped sharply, then continued to fluctuate within a narrow range at low levels. Soybean meal futures rose 1.64%, while soybean oil futures declined 2.83%.

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