Wheat Declines 0.8% to $7.71 a Bushel, Extending Yesterday’s 4.3% Slump

Wheat for July delivery fell 0.8 percent to $7.71 a bushel after dropping as much as 1.5 percent to $7.66 a bushel. The contract extended a 4.3 percent decline yesterday. Corn lost 0.1 percent to $7.285 a bushel after slumping 4 percent yesterday and soybeans retreated 0.3 percent to $13.4975 a bushel.

(Source: http://www.bloomberg.com/news/2011-04-29/wheat-declines-0-8-to-7-71-a-bushel-extending-yesterday-s-4-3-slump.html)