The Corn & Ethanol Report 1/9/13

The Dan Flynn Corn & Ethanol Report

Wednesday January 9^th 2013

Good Morning!

In the overnight electronic session the March Corn is currently trading at

689 ½ which is ¾ of a cent higher. The trading range has been 691 ¼ to

686 ¾ so far. The market seems poised to jump on a trend or direction to

start a bull trend.

Questions traders are asking.

Is the bottom in?

Should I buy cheap out of the money calls?

I am not sure that we completely bottomed, however, I expect we will soon

see the running of the bulls.

Stay Tuned!

On the Energy Front the February Crude Oil is currently trading at 9305 which is

10 points lower at this writing. The trading range has been 9334 to 9285 so far.

The API statistics were bearish overall but not as bearish in the Crude sector,

meanwhile the products were right online with the bearish tone. The market

may yawn at these numbers until the Department of Energy releases their data at

9:30 A.M. C.S.T.

Have a Great Trading Day!

Thanks,

Daniel Flynn

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

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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.