Markets To Watch Today

Coffee: The start of the new quarter brought on speculative buying by funds on Monday. July Coffee was up 2.50 cents, closing at $1.02 per pound.

Wheat: As drought concerns increase, so do prices at the Minneapolis Grain Exchange. July Wheat was up 14 cents, closing at $5.10 a bushel.

Dollar: Although U.S. markets were closed yesterday, the Dollar was up against most of the major rivals. The Dollar is expected to hold steady through the remainder of the week, as it has been on the defensive from monetary-policy concerns. The Dollar was up versus the Yen yesterday, and closed at 114.74 Yen, up from 114.65 on Monday.