Markets To Watch Today

Crude Oil: Crude Oil fell below $69 a barrel yesterday and remains there this morning. Many credit funds limiting exposure as inflationary fears may result in the Fed continuing to raise interest rates. June Crude is trading at $68.80, up 11 cents this morning.

Grains: Wheat set new contract highs yesterday, reaching $5 per bushel for the first time since '97. Forecasts for dry, hot weather during crop yield in growing areas for the next 7 days had speculators adding to current long positions. July Chicago Wheat is trading at 422.00, down 1 this morning. July Kansas City Wheat is trading at 508.50, up 2.00 this morning.

Copper: Copper futures fell yesterday as funds pulled some money off the table on a weaker US Dollar. The July contract gave up over 17 cents yesterday. July Copper is trading at 3.6900, up 1.85 cents this morning.