Crude Oil Tops $100, Canada Retaliates, Ranchers Debate Wolves, WASDE Moves MarketsVideo: Crude Oil Tops $100, Canada Retaliates, Ranchers Debate Wolves, WASDE Moves Markets
Crude oil topped $100 as war with Iran intensified, pushing diesel to a record $6.05 per gallon. Canada imposed $20 billion in retaliatory tariffs, including new duties on U.S. dairy products. A federal order renewed debate over wolf protections and livestock losses. The WASDE trimmed corn yield, projected a larger soybean crop and raised world wheat supplies. Matt Bennett analyzes the markets.