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Friday, March 03, 2006

Markets To Watch Today

Crude: Crude Oil climbed above $63 during yesterday's session on continued fears of possible cuts in production. Threats by Nigerian rebels, Iran's nuclear ambitions and the impending OPEC meeting currently overshadow an excess supplies. The April Crude Oil contract is trading at $63 as of 10:20 am CST.


Silver: Silver climbed above $10 during yesterday's session setting a 19-year high on news of an impending Exchange Traded Fund currently in the approval process. March Silver is trading at $10.11 as of 10:30 am CST.


Soybeans: Soybeans climbed above $6 during yesterday's session on strengthened European demand. May Beans are trading at 6.03 1/2 as of 10:40 am CST.