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Wednesday, March 29, 2006

Markets To Watch Today

Crude: Crude climbs to close above $66 in yesterday's trading. Royal Dutch Shell PLC, which has shut down almost 50% of its Nigerian oil production has stated they will not resume full capacity until the country is safe for its workers. May Crude Oil is trading at $65.92 on the overnight session.

Sugar: Sugar soared on the heels of higher Crude prices. Strong fund participation pushed the contract to new monthly highs. May Sugar is trading at 17.99 as of 8:15 am CST.

Copper: Copper gave back a portion of its recent gains yesterday. The contract continues to trend higher with many anticipating the $2.50 price level. May Copper is trading at $2.4240 as of 8:17 am CST.