email:  
 
 
  
 

Tuesday, June 20, 2006

Markets To Watch Today

Energies: A deluge in the Houston area gave a modest lift in gasoline prices, although not enough to keep gasoline above $2 after hitting an intraday low of $1.9650. July Gasoline closed 4.68 cents lower at $1.9914 a gallon. Front month July Crude Oil closed down 90 cents lower, at $68.98 a barrel.

Grains: Favorable weather in the Midwest and near-term forecasts predicting good weather for crops were not enough to bring both Corn and Soybean futures relief from falling prices. Front month July Soybeans dropped 15.75 cents to $5.8450 per bushel, and July Corn fell 5.75 cents to close at $2.2975 per bushel.

Copper: A lack of consumer buying interest and a stronger Dollar pressured prices for Copper contracts yesterday. July Copper dropped 13.90 cents to close at $3.1525 a pound.