The Corn & Ethanol Report 1/30/13

The Dan Flynn Corn & Ethanol Report

Wednesday January 30^th 2013

Good Morning!

In the overnight electronic session the Grain Complex is showing a bullish consensus that is

spilling over as well in the Energy sector. Could it be crazy weather patterns and or typical

patterns of concerns in the Middle-East.

The March Corn is currently trading at 735 ¾ which is 6 ¼ cents higher as I write. The trading

Range has been 739 to 725 ½ so far. The strange weather patterns in this current drought

conditions has been the backbone to this unexpected rally. Look Out for Pull Backs!

I continue to remain bullish overall.

On the Energy Front the March Crude Oil is currently trading at 9785 is 28 points higher in the

overnight electronic trading session at this writing. The trading range has been 9824 to 9732 so far.

Traders concerns are with unrest in Egypt and fears of flow of commercial trade in the Suez Canal

not to mention weather patterns. We are technically are on the high side of the congestive trading

range , however breaking news can change the charts in a heartbeat.

We have a lot of economic data to be released today and the Fed announcement to be released

this afternoon should shake, rattle and roll the markets.

Stay Tuned!

Have a Great Trading Day!

Thanks,

Daniel Flynn
The PRICE Futures Group

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

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