Dan Flynn is the writer of The Corn & Ethanol Report, a daily market letter covering grains, energies, and various global issues that are the driving force and backbone of the commodity markets. Contact Mr. Flynn at (312) 264-4374
The Dan Flynn Corn & Ethanol Report
Monday November 19th 2012
I hope you all had [a good weekend.
In the overnight electronic session the December Corn is currently trading
At 732 which is 5 cents higher. The trading has been 735 ½ to 726 ¼ so far.
The market will continue to trade off of plain and simple supply and demand.
And if the Supply/Demand numbers are accurate it is not going to be a pretty
Picture, Stay Tuned!
On the Energy Front the January Crude Oil is currently trading at 8808 which
Is 116 points higher at this writing. The trading range has been 8813 to 8711
So far. The downside this market was anticipating once again gets interrupted
By refinery outages due to hurricane Sandy and trouble in the Middle East with
Syria and Iran being their typical terrorists self!
Call me for daily entry levels.
Have a Great Trading Day!
Questions? Ask Dan Flynn today at 312-264-4374
Futures and options trading involves substantial risk of loss and may not be suitable for everyone. The information presented is from sources believed to be reliable and all information is subject to change without notice.
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