Wheat jumped today for the fourth trading session as bad weather in various parts of the world threatened to curb output. Russia continues to suffer from drought and parts of Kansas suffer from the same problem. Russia is the world biggest exporter. Wheat is the fourth biggest US crop and Kansas is the biggest wheat-growing region of the United States. Wheat climbed from $6.3825 to $6.4325 per bushel as of 00:51 GMT on CBoT today.
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Oil (Brent) — $111.65 per barrel.
Gold — $1,535.80 per troy ounce.
Silver — $27.04 per troy ounce.
Palladium — $591.90 per troy ounce.
Copper — $347.50 per 100 pounds.
Cocoa — $2,279.00 per metric ton.
Sugar — $20.85 per 100 pounds.
Corn — $619.25 per 100 bushels.
Soybean — $1,421.25 per 100 bushels.

Oil and rubber fell on political turmoil in Greece. Greek political parties failed to form a new coalition government, resulting in new election. Polls show that many Greeks favor parties that stand against austerity measures demanded from the European Union and the International Monetary Fund in exchange for a bailout. Greece may leave the eurozone and the resulting fear harm markets. Futures for delivery of crude oil in June fell $0.8 to $93.98 per barrel on NYMEX, the lowest price since December 19. Brent crude advanced from $111.13 to $111.86 on ICE today. The futures for delivery of rubber in October tumbled as much as 5.1 percent to $3,317 per metric on the Tokyo Commodity Exchange, the lowest settlement for a most-active contract since January 6.
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Oil (Brent) — $111.72 per barrel.
Gold — $1,556.80 per troy ounce.
Silver — $27.81 per troy ounce.
Palladium — $594.65 per troy ounce.
Copper — $349.45 per 100 pounds.
Cocoa — $2,259.00 per metric ton.
Sugar — $20.39 per 100 pounds.
Corn — $597.50 per 100 bushels.
Soybean — $1,413.00 per 100 bushels.

Crude oil has its own bearish story as Ali al-Naimi, the Saudi Arabian Minister of Petroleum and Mineral Resources, continues to call for lower prices. And it looks like he is serious about it as the Organization of the Petroleum Exporting Countries reported that Saudi Arabia ramped up production to the highest level at almost three decades.

June futures for delivery of crude oil dropped as much as $1.35 to $94.78 per barrel on NYMEX today, the lowest price since December 19. Brent grade of crude was down from $111.94 to $111.04 per barrel as of 21:19 GMT on ICE today, following the decline to $110.04 — the lowest settlement since January 25. Gold price slid from $1,563.10 to $1,561.90 on COMEX today — the lowest level since December 30.
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Oil (Brent) — $111.06 per barrel.
Gold — $1,561.90 per troy ounce.
Silver — $28.17 per troy ounce.
Palladium — $590.55 per troy ounce.
Platinum — $1,443.60 per troy ounce.
Copper — $351.85 per 100 pounds.
Cocoa — $2,241.00 per metric ton.
Sugar — $20.27 per 100 pounds.
Corn — $611.00 per 100 bushels.
Soybean — $1,394.00 per 100 bushels.

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Cotton reached the lowest level in 21 months today on a forecast that global stockpiles will swell. The US Department of Agriculture predicted that world inventories will climb 10 percent to 73.75 million bales in the season that begins August 1. Rains in Texas improved prospects for crops that were hurt by drought last year, adding to potential supply. At the same time, economic problems in countries across the world are likely to diminish demand for commodities, including cotton. Cotton slumped from $0.8149 to $0.7885 per pound on ICE today after it reached earlier $0.7716 — the lowest price since July 30.
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Oil (Brent) — $112.19 per barrel.
Gold — $1,589.60 per troy ounce.
Silver — $28.86 per troy ounce.
Palladium — $600.70 per troy ounce.
Copper — $363.05 per 100 pounds.
Cocoa — $2,308.00 per metric ton.
Sugar — $20.20 per 100 pounds.
Corn — $610.75 per 100 bushels.
Soybean — $1,402.75 per 100 bushels.

Oil was down today extending its losses after the US Energy Department reported yesterday that US stockpiles grew. US inventories of crude climbed by 3.7 million barrels to 379.5 million barrels last week — the highest level since 1990. Rumors that Saudi Arabia boosted output were also negative for oil prices. Brent crude fell today from $112.73 to $112.57 per barrel on ICE.
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Oil (Brent) — $112.34 per barrel.
Gold — $1,595.10 per troy ounce.
Silver — $29.03 per troy ounce.
Palladium — $614.70 per troy ounce.
Copper — $368.85 per 100 pounds.
Cocoa — $2,329.00 per metric ton.
Sugar — $20.39 per 100 pounds.
Corn — $626.50 per 100 bushels.
Soybean — $1,447.00 per 100 bushels.