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
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Corn Exports? The Corn & Ethanol Report 01/30/2023
We kickoff the day with Dallas Fed Manufacturing Index at 9:30 A.M., Export Inspections at 10:00 A.M., and 4-Week & 8-Week Bill Auction at 10:30 A.M. We will have a busy week ahead of us with the jobs numbers Thursday and Friday.
On the Corn Front we will be watching Export Inspections as US corn exports are expected to pick up. Much needed rains in Southern Brazil that was forecasted this weekend was close to nil. The chance for rain in Southern Brazil is 0% with winds at 4 mph. Central Brazil may have mild delays this week before a drier system moves in. In the overnight electronic session the March corn is currently trading at 683 ½ which is a ½ of a cent higher. The trading range has been 687 ¼ to 682 ½.
On The Ethanol Front BK-H2 Energy, LLC, was welcomed last week by the Renewable Fuels Association as its newest associate member. BK-H2 Energy, LLC, is a consulting company engaged in the transition of diesel/gas and CNG Vehicles to battery electric and hydrogen fuel cells, collaborating with GOLU
Hydrogen Technologies, which developed a way to use ethanol as feedstock to produce low-cost green hydrogen for fuel cell vehicles and electric power required for charging the battery-electric cars and trucks. Give me coal or natural gas any day. To make batteries possible is coal and natural gas not to mention the raw materials we would be forced to import from our enemies. There were no trades in ethanol futures.
Have A Great Trading Day!
Dan Flynn
Questions? Ask Dan Flynn today at 312-264-4374