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
Wednesday March 13th 2013
My fellow Americans you must read a story I picked up on thee Drudge Report which was reported by KPIX 5 San Francisco. It should be enough to make you sick and wonder why these terrorist get foreign aid from OUR tax dollars. Calling a Jihad and advertising on buses in the San Francisco area calling a Jihad in a FREE OPEN SOCIETY we know it can’t happen being open in your sorry culture. I am personally exhausted of Islamic BIGOTRY and no longer can be sensitive to any if anything to your cause. If it is so bad here go back to where you came from and make a living there!
Sorry folks I have zero tolerance to the continued insanity!
In the overnight electronic session the May Corn is currently trading at 716 ¾ which is 2 ½ cents higher as I write. The trading range has been 717 ¾ to 712 so far. I still remain bullish long-term with the three fundamentals that will drive this market and Livestock complex this summer. Remember Weather- Carryover & Demand! Today we have a report on Dairy Product Sales released at 3:00 P.M. C.S.T.
Reminding me of legislation on Dairy products which if you find the time to look at a short presentation of the Hidden Cost behind Milk & Dairy Consumption. It could be found at www.insurancequotes.org/hidden-cost-milk.
Also tomorrow for the Grains we have Export Sales and NOPA Crush to be released at 7:30 A.M. C.S.T.
On the Energy front the API number came in bullish on the Crude Oil showing a draw of 1.$ MLN BBLS vs. our prediction of a build of 2MLN BBLS. We await confirming numbers in the EIA data to be released at 9:30 A.M. C.S.T.. In the overnight electronic session the April Crude Oil is currently trading at9297 which is 43 points higher as I write. The trading range has been 9304 to 9247 so far and is posturing to rally further before today’s statistics will be released. On the Ethanol Front nothing to report early with the settlement at 2.534 in yesterday’s action.
Have a Great Trading Day!
The PRICE Futures Group
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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