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
Sorry have to give a short one today. All eyes are watching the Gulf of Mexico and if Barry will hit more than New Orleans, California aftershocks and Iran giving the nervous investor a case of the shake and bakes. Energy investors are pondering if Tropical Storm Barry create demand destruction in the wake of his path and will Iran make another miscalculated provocative move that will surely bring a military response. Grain traders are wondering if the cone with heavy rains will go through the Corn and Soybean belt giving another blindside attack on farmers attempting to grow what they have left to grow. I expect a supportive rally in Grains and a choppy fear driven Energy complex today.
Have a Great Trading Day!
Questions? Ask Dan Flynn today at 312-264-4374