Daniel Flynn
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 Corn & Ethanol Report 1/8/13
The Dan Flynn Corn & Ethanol Report
Tuesday January 8th 2013
Good Morning!
In the overnight electronic session the March Corn is currently trading at
686 ¾ which is 1 ¼ of a cent higher at this writing. The trading range has been
688 ¼ to 683 ¾ so far. The market is bracing for our first major reports and data
that will be released Friday at 7:30 A.M. C.S.T. That could be the headline that
sets the tone in this complex.
Stay Tuned!
On the Energy Front the February Crude Oil is currently trading at 9366 which is
47 points at this writing in the overnight electronic session. The trading range has
been 9380 to 9300 so far. We may see a more bullish inventory number that the
market is pricing in right now. The American Petroleum Institute will release their
data will be released at 3:30 P.M. today.
Have a Great Trading Day!
Thanks,
Daniel Flynn
Questions? Ask Dan Flynn today at 312-264-4374
View The Corn & Ethanol Report Archives • www.pricegroup.com
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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