Drought Worries Boost Ags

Economic Data

Existing Home Sales

	Prior	Prior Revised	Consensus	Consensus Range	Actual
Existing Home Sales - Level - SAAR	5.05 M	5.00 M	4.750 M	4.600 M to 5.100 M	4.81 M
Existing Home Sales - M/M Change	-0.8 %	-1.8 %			-3.8 %
Existing Home Sales - Yr/Yr Change	-12.9 %	-13.8 %			-15.3 %

Market Data

Softs+1.74%

OJ+4.17% Cotton +4.03% Cocoa +2.02% Lumber +0.17% Sugar +0.07% Coffee -0.04%

Drought, dust darkens nation's biggest cotton patch

Indices+1.60%

Russell +2.16% Nasdaq +2.13%      Midcap +1.76%  S&P 500 +1.35%  DJIA +0.99%

U.S. Stocks Advance as Concern About Greek Debt Default Eases 

            

Metals +1.13%

Pall+2.65%  Silver +1.12% Plat+1.10% Copper +0.41% Gold  +0.36%  

Grains +0.86%

Wheat +2.28% Oil +1.04% Corn +1.00% Oats +1.00% Beans +0.97%  Meal +0.49% Canola +0.07%  Rice +0.04%

Corn Rises Most in a Week as Hot Weather May Hurt U.S. Crop; Soybeans Gain

Currencies+0.36%       

C$+0.75% E FX +0.72%    Swiss +0.69%  Peso +0.69% British +0.40%  A$+0.31% Yen +0.15%     U.S. $-0.68%

Euro gains 4th day but path hinges on Greece vote

Energies+0.20%

Ethanol +2.40%   Nat Gas +1.90%   WTI +0.18% Gasoline -1.15% Heating Oil -1.92%    

UPDATE 1-Alaska N.Slope oil at $19 over WTI seen a record

Financials-0.07%

E$+0.03% 2-Year unch 5-Year -0.01% 10-Year -0.11% T-Bond -0.30%

FTC To Investigate Oil - Retail OTC Metals Ban

Softs+2.02%

Sugar +4.17%         Lumber+3.09% OJ +3.09% Cotton +2.45%         Cocoa+1.71%         Coffee-2.38%  

      

Sugar Rises to Two-Month High on Supply Concern; Coffee Falls; Cocoa Gains

Indices+0.68%

Russell +1.04%  Midcap +0.99% DJIA +0.63% S&P 500 +0.61%      Nasdaq 100 +0.45%

Financials+0.02%

T-Bond +0.12%  2-Year +0.02% Eurodollar unch 10-Year -0.01%  5-Year -0.03%

Currencies-0.01%

Peso +0.27% Swiss +0.23% Pound +0.15%Canadian $+0.05% U.S. +0.03%  E- FX-0.08% Yen -0.26% A$-0.39%

Metals +0.09%          

Silver+0.76%  Pall+0.45%  Gold+0.19%  Copper-0.63% Plat-1.01%

Trading Of Over The Counter Gold And Silver To Be Illegal Beginning July 15

            

Dodd-Frank rules outlaw retail gold, silver trading?

Grains-0.38%

Meal+0.29%  Beans +0.21%  B Oil+0.18%   Corn +0.04% Canola -0.31% Oats -0.43% Rice -1.11% Wheat -1.93%

 Corn Stocks Plunging to 1974 Low as China Adds Brazil-Sized Crop to Demand

  

Energies-0.43%

Ethanol +0.91%   WTI +0.39% Natural Gas -0.44% Gasoline -1.30% H Oil -1.78%

FTC opens probe into oil, gasoline markets