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
We jumpstart this cold January day with Export Inspections at 10:00 A.M., Cotton system, Fats & Oils and Grain Crushing at 2:00 P.M. There was no overnight electronic session for Grains and we will start 2018 at 9:30 A.M. On the Ethanol front there was no action in the overnight electronic session. The February contract settled at 1.354 and is currently showing 1 bid @ 1.337 and 1 offer @ 1.349 with Open Interest at 1,646 contracts.
On the Crude Oil front the market is bouncing back and forth in the overnight electronic session with the February contract currently trading at 6035 which is 7 tics lower. The trading range has been 6074 to 6013.
On the Natural Gas front global warming is contributing to this rally. In the overnight electronic session the February contract is currently trading at 3.003 which is 5 cents higher. The trading range has been 3.097 to 2.923 in light volume.
Have a Great Trading Day!
Questions? Ask Dan Flynn today at 312-264-4374
A Subsidiary of Price Holdings, Inc. – an Employee Owned Diversified Financial Services Firm. Member NIBA, NFA
Past results are not necessarily indicative of future results. Investing in futures can involve substantial risk of loss & is not suitable for everyone. Trading foreign exchange also involves a high degree of risk. The leverage created by trading on margin can work against you as well as for you, and losses can exceed your entire investment. Before opening an account and trading, you should seek advice from your advisors as appropriate to ensure that you understand the risks and can withstand the losses.
The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or futures. The Price Futures Group, its officers, directors, employees, and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Reproduction and/or distribution of any portion of this report are strictly prohibited without the written permission of the author. Trading in futures contracts, options on futures contracts, and forward contracts is not suitable for all investors and involves substantial risks. ©2017
SubscribeReceive daily summaries of all Market Insights blog posts.
Enter email below.
Most Recent Posts
- Morning Grains Report 01/19/18
- Morning Softs Report 01/19/18
- Government Shutdown & Hypocrisy. The Corn & Ethanol Report 01/19/18
- Explosive. The Energy Report 01/19/18
- Morning Grains Report 01/18/18
- Morning Softs Report 01/18/18
- The Economy is BOOMING! The Corn & Ethanol Report 01/18/18
- Yield Curve Flattens. The Nemenoff Report 01/18/1/