Soybean futures felt spillover pressure from the falling grain markets. Soybeans for July delivery settled down 2.2%, at $13.53 1/2 a bushel.
Oat futures closed limit down for the second consecutive day, with the July contract tumbling 7.9%, to $3.50 a bushel. The daily limit will widen to 45 cents Friday from an expanded limit of 30 cents Thursday. The standard limit is 20 cents.
July rice stumbled 0.5%, to $14.43 per hundredweight, while July ethanol ended down 3.8%, at $2.563 a gallon. July soyoil slid 2.5%, to 56.93 cents per pound, and July soymeal dropped 2.1%, to $354.20 per short ton.
At the Kansas City Board of Trade, hard red winter wheat for July delivery sank 4.7%, to $8.80 a bushel. Hard red spring wheat for July delivery lost 3.2%, to $9.23 3/4 a bushel at MGEX in Minneapolis.