U.S. corn, soybeans and wheat futures fell sharply on Monday, with investors shedding risky assets amid fears the coronavirus outbreak in China could dent the global economy, traders said.
Reutersreports the most-active Chicago Board of Trade soybean futures contract sank to its lowest since Dec. 12, with the market still waiting for signs of a pick-up in Chinese demand following the Phase 1 trade deal between Beijing and Washington.
Corn futures were at their lowest since Jan. 17 and wheat touched a 10-day low.
