Markets To Watch Today
Crude: Crude tanks this morning flirting with the $60 price level as OPEC meets in Austria. Iran has agreed to suspend large-scale nuclear ambitions and Nigeria has promised the return of lost production. April Crude Oil is down $1.33 this morning, trading at $60.25.
Soybeans: Soybeans fell yesterday and continued farther this morning pressured by a weaker Brazilian Real that may cause farmers to increase supplies. May Beans are down 5.50, trading at 584.50.
Sugar: Sugar drops as well as profit taking was prevalent this morning. Low supplies and strong demand continue to prop up the contract. May Sugar is down 48 this morning, trading at 16.70.
Soybeans: Soybeans fell yesterday and continued farther this morning pressured by a weaker Brazilian Real that may cause farmers to increase supplies. May Beans are down 5.50, trading at 584.50.
Sugar: Sugar drops as well as profit taking was prevalent this morning. Low supplies and strong demand continue to prop up the contract. May Sugar is down 48 this morning, trading at 16.70.
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