OMAHA (DTN) — Posted 10:31 — July corn is down 5 cents per bushel, July soybeans are down 3 cents, July KC wheat is down 10 1/4 cents, July Chicago wheat is down 13 cents and MIAX July Minneapolis wheat is down 7 1/2 cents. The Dow Jones Industrial Average is down 383.53 points. The U.S. Dollar Index is up 0.220 and July crude oil is up $1.82 per barrel. August gold is down $46.60 per ounce. At midmorning all but bean oil futures are trading lower, with wheat leading the way. Kansas City July is now lower for the tenth consecutive trading day and is just above the 100-day moving average. News is scarce about the Iran peace talks ongoing.

MINNEAPOLIS (DTN) — More periods of rain that will hit a lot of drought areas in the U.S., a slight decrease for the rainfall forecast for the eastern Midwest, and recent rainfall in Europe and Australia are the weather factors driving the markets Wednesday.