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Tuesday, March 21, 2006

Markets To Watch Today!

Crude Oil: Crude Oil gives up over $2 a barrel as massive inventory buildups begin to outweigh supply disruptions. Today is the last trading day for the April Contract. The May contract is trading at 61.81 as of 7:57 am CST.

Wheat: Wheat futures lost over 7 cents yesterday as fresh rains give life to a very dry Central US. May Chicago Wheat closed at 3.50 1/4, down 7 1/4 while May KC Wheat closed at 4.13 3/4, down 7 3/4.

Dollar: The Dollar made some gains yesterday as new Fed Chairman, Ben Bernanke gave a speech to the Economics Club of New York. The dollar rose versus the yen and the euro.