News Summary: Soybeans Fall As Export Demand Drops

By The Associated Press

HAS BEANS: Soybeans contracts extended declines after the U.S. government reported that export demand from China has waned.

BRAZIL'S BUMPER CROP: Forecasts for a strong soybean harvest from South America, led by Brazilian production, have also been weighing on prices.

ALL THAT GLITTERS: It was a bad day for metals, with gold, silver, copper, platinum and palladium all falling. Silver led the declines.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Stocks

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

What Will GM Do With Cruise -- and Is Its Stock Worth $55?

What Will GM Do With Cruise -- and Is Its Stock Worth $55?

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

This Should Be Your Retirement Savings Plan When the Stock Market Crashes

This Should Be Your Retirement Savings Plan When the Stock Market Crashes