Soybean commentary: Futures fall below $10/bu on ample supply, rain in South America

Soybean futures reached the lowest level in over a month, breaking below $10 per bushel on the Chicago Mercantile Exchange on Monday October 14, reflecting the ample supply scenario the USDA showed on Friday October 11 and the rain reported in Argentina and Brazil over the weekend, forecast to gain momentum in Brazil along the week.