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 This material may not be published, broadcast, rewritten or redistributed.

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