Markets To Watch Today
Crude Oil: A rally in gasoline futures, sparked by a report from the government of a smaller than expected build in gasoline stocks and lowered expectations of an agreement on nuclear talks between Iran and the West, lifted Crude Oil prices yesterday. August Crude Oil was up 99 cents, closing at $70.33 a barrel.
Spring Wheat: Concerns about the Spring Wheat crop health in the northern plains lifted prices at the Minneapolis Grain Exchange yesterday. The July Wheat was up 13 cents, to close at $4.59 bushel.
Live Cattle: The June Cattle prices experienced little change yesterday, on word that this weekend teams of Japanese auditors will be arriving in the U.S. to inspect beef producing plants. Japan and the U.S. Department of Agriculture have been working on agreements for months now, after a shipment of veal that contained a prohibited material, was shipped to Japan. June Live Cattle fell only 20 cents, to close at 81.75 cents per pound.
Spring Wheat: Concerns about the Spring Wheat crop health in the northern plains lifted prices at the Minneapolis Grain Exchange yesterday. The July Wheat was up 13 cents, to close at $4.59 bushel.
Live Cattle: The June Cattle prices experienced little change yesterday, on word that this weekend teams of Japanese auditors will be arriving in the U.S. to inspect beef producing plants. Japan and the U.S. Department of Agriculture have been working on agreements for months now, after a shipment of veal that contained a prohibited material, was shipped to Japan. June Live Cattle fell only 20 cents, to close at 81.75 cents per pound.
posted by XPRESSTRADE, LLC at 6/22/2006 06:34:00 AM
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