Macro Finance
Soybeans and Corn Extend Gains as US-Iran Hostilities Escalate
Bloomberg Markets·July 20, 2026·1 min read
Soybeans and corn futures extended gains as crude oil jumped after hostilities in the Middle East escalated, boosting the appeal of biofuels. The US-Iran conflict drove commodity prices higher, with agricultural products benefiting from increased demand for alternative energy sources.
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