Markets To Watch Today

Crude Oil: An unexpected increase in Gasoline inventories last week had traders backing away from Wednesday highs. The release of this information caused a sell-off during mid-session yesterday. Prices recovered later in the session, after strong Gasoline demand figures were released. August Crude Oil closed lower by 5 cents at $75.14 a barrel.

Natural Gas: With cooler than expected summer weather in high electricity consuming states, futures prices have continued downward in Natural Gas trading. August Natural Gas closed 10.1 cents lower at $5.664 per million British Thermal Units.

Corn: With no rain in the forecast anytime soon, concerns over dryness in the Western Belt are pushing Corn prices upwards. Even though the U.S. Department of Agriculture has reported that as of Monday, 68% of the Corn crop is in good-to-excellent condition, concerns will continue to loom until after the pollination stage, when a potential yield can be determined. July Corn rose 5.75 cents, closing at $2.4525, and December Corn was up 5.75 cents, closing at $2.7025