date:Nov 14, 2012
bushel, while January soybeans dropped 46.25 cents to $14.05 a bushel.
Oil fell modestly because of concerns about the looming fiscal cliff in the U.S. A combination of tax hikes and government spending cuts will take effect Jan. 1 unless President Barack Obama and Congress can reach a compromise to avert it. Economists believe the impact of the fiscal cliff could hurt growth in the worlds largest economy.
Benchmark crude fell 50 cents to finish at $85.57 per barrel.
Heating oil fell 0.63 ce