Commodities

Soybeans Rally Most in Two Weeks on Lower U.S. Inventories, China Buying Soybeans rose the most in two weeks after the U.S. said inventories will be smaller than forecast and that China purchased supplies from American exporters.

Wheat Futures Fall to One-Month Low After U.S. Raises Inventory Estimate Wheat futures fell to a one-month low after the government forecast larger stockpiles in the U.S., the world’s biggest exporter.

Sugar Slides to Seven-Month Low on Signs of Above-Forecast Indian Output Sugar slumped for a third day in London to the lowest level in seven months on signs that production may top expectations in India, where a deficit helped to lift prices last year.

Orange Juice Falls for Third Day, Heading for Longest Slump Since December Orange-juice futures fell for a third straight day, heading for the longest slump since December, on the outlook for a bigger citrus crop in Florida than previously forecast.

Hurricane Season Poses an `Above-Normal' Threat to U.S., AccuWeather Says The 2010 Atlantic hurricane season will be more active than last year’s and poses an “above- normal” threat to the U.S. Gulf and East coasts, AccuWeather Inc. forecasters said today.