The Corn & Ethanol Report 11/28/12

The Dan Flynn Corn & Ethanol Report

Wednesday November 28^th 2012

Good Morning!

The API numbers were not a dramatic surprise last night with Crude Stocks

up 2 million barrels and Gasoline up 2.3 million and Distillates up 268 thousand

barrels. In the overnight electronic session the January Crude Oil is currently

trading at 8660 which is 58 points lower at this writing. The trading range has been

8734 to 8651 so far. The Department of Energy will release their weekly data at

9:30 CST on inventories to confirm the API data. We already know supplies are abundant

And we look to refinery capacity to crack Crude into Gasoline and Heating Oil in this

winter season.

Stay Tuned!

On the Corn Front the December Corn is currently trading at 759 ¾ which is ¼ of a cent

Lower in the overnight electronic session as I write. The trading range has been 761 ¼ to

757 so far. The market is in a temporary lull after days of gains that are significant. I still

expect further rallies and we will be focusing on March Corn tomorrow because Friday

is First Notice Day on all December Grain markets.

Today is a Full Moon Be Careful!

Have a Great Trading Day!

Thanks,
Daniel Flynn

Questions? Ask Dan Flynn today at 312-264-4374

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