About The Author

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 second week of January and football playoffs upon us we still are thinking ahead to America’s Pastime and warmer weather. And already we are talking about reducing Acreage as we follow weather in South America and what crop we can expect out of Argentina and Brazil and we will be trading headlines here in the good ole U.S.A. And acreage, weather and Ethanol we are in the big picture. In the overnight electronic session the March Corn is currently trading at 351 which is a ¼ of a cent lower. Te trading range has been 351 ½ to 350 ¼. The thaw in the weather that we are now hearing weather forecast for another deep freeze should create some great conversations regarding acreage, weather and plantings.

On the Ethanol front the February contract is currently trading at 1.310 which is a ½ of a cent lower. The trading range has been 1.314 to 1.310 with 5 contracts traded and Open Interest at 1,596 contracts and the market is currently showing 3 bid @ 1310 and 4 offers @ 1.314.

On the Crude Oil front were starting off the week  flirting to accomplish a close over $62 a barrel. And with the thawing in weather we should see more activity with driving and other machines ready to dig out and we will see product moving and supplies stretched which should induce buying and higher prices. In the overnight electronic session the February Crude Oil is currently trading at 6160 which is 16 points higher. The trading range has been 6195 to 6138.

On the Natural Gas front the market is trading like a pendulum with changing severe weather and changing weather forecasts. In the overnight electronic session the February contract is currently trading at 2.845 which is 5 cents higher. The trading range has been 2.869 to 2.804. We will see warmer temperatures followed by another Arctic blast that will keep the pendulum swinging freely.

Have a Great Trading Day!
Dan Flynn
Questions? Ask Dan Flynn today at 312-264-4374

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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. ©2018

Questions? Ask Dan Flynn today at 312-264-4374         A Subsidiary of Price Holdings, Inc. – a 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. ©2018