Corn and Soybean Prices Fall On Ample Supply Predictions Despite Midwest Storms

Corn plants blown over by high winds lay in a field near Wyanet, Illinois, U.S., on Tuesday, July 1, 2014. A powerful wind storm, known as a derecho, swept from the Midwest to the western Great Lakes yesterday, bringing devastating wind gusts, reported tornadoes and heavy rain into Illinois, Iowa, and Nebraska according to Weather.com. Despite the weather, corn fell for a third day to trade near the lowest level in more than five months on expectations that a record U.S. harvest of the grain will boost supplies for the top exporter. Photographer: Daniel Acker/Bloomberg via Getty Images