The spread of mutated coronavirus lowers oil prices may have an impact on grain prices

news about distribution in the UK and other countries is a mutated strain Covid-19 oil prices reacted with a sharp fall that may soon reduce the price of agricultural products.

Head of health UK Matt Hancock December 14, reported the discovery by scientists of a new strain coronavirus, which applies to 70% faster than other known strains, especially among young people, and is associated with the rapid spread Covid-19 in the South-Eastern part of England.

Most European countries have stopped flights from the UK and within the country have strengthened quarantine restrictions.

As of the morning of 21 December, February futures for Brent crude oil in electronic trading on the London stock exchange ICE fell 3% to 50,69 $/barrel and WTI crude oil – by 2.85% to 47.7 $/barrel.

behind them, the Euro against the dollar after reaching last week a two-year high 1,2276 $/€ down to the level of 1,2186 $/€.

a High level of morbidity in the United States, where last weeks daily infected more than 200 thousand people, the number of cases reached 18.2 million people, and deaths from Covid-19 – 324 thousand people, affecting world markets and increases the pressure on the dollar in recent years.

News about the beginning of vaccination against coronavirus raised the value of assets, although epidemiologists have warned that the effect of the vaccine will appear not earlier than second half of 2021. Ago morbidity statistics in the coming months have a negative impact on world prices because of the quarantine restrictions are the only means of combating the spread of the disease, and lockdown hinder the development of the world economy.