Palm oil fell for a third day to the lowest in a week on speculation that stockpiles in Malaysia, the world’s second-biggest producer, may rise after surveyor estimates showed that exports declined last month.
Soybeans declined, snapping the best run in five months, on speculation that improved prospects for crops in South America will further boost global production. Wheat gained for the first time in eight days.
Corn advanced to the highest level in more than a week after a government estimate showed that the harvest in the U.S., the world’s largest grower and exporter, will gain less than analysts expected. Soybeans dropped.