Wheat, corn and soybean prices faced sudden drop down due to sudden outbreak of H7N9 strain of avian influenza virus found in China. This raised concern about poultry demand, production and consumption according to Experts. This virus also affects human life in Eastern China. As poultry consumption reduced, trade of wheat, soybean and corn affected.
Wheat prices falls from 0.4 percent to $6.94 a bushel.
Soybeans prices falls 0.1 percent to $13.7875 a bushel on the Chicago Board of Trade.
Similarly, Corn rate felt down 0.4 percent to $6.3925 a bushel.
However, Cold weather is creating worries as there is probability of increase in prices over Europe.