Soybeans Fall from Four-Year Record, Brent Stays Above $100
Soybeans fell on speculations that high prices might damp demand for the grain. Earlier, soybeans touched the
Crude oil jumped as the United States are going to implement new sanctions against Iran. The USA plans to punish companies that Iran uses to circumvent the embargo. Concerns that such measures would disrupt oil supply brought the prices higher. August futures for delivery of crude oil rose $0.27 to $86.08 per barrel on NYMEX. Brent oil fell, but later rebounded at stayed at $100.60 per barrel on ICE today.
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