The Dan Flynn Corn & Ethanol Report

By Phil Flynn
28 April 2009 @ 09:50 am EDT

Good Morning !

The old addage Rains make Grains. Well folks you have to plant the crop in the fields first for the rains to be effective.

The May Corn settled at 369 1/2 which was down 2 3/4 cents. The range was 375 1/2 to 368 1/4. With all the fundamental factors weighing in on this market we cannot forget the most basic fundamental factor in planting season. WEATHER !

On the Energy Front we remain neutral to bearish. Too much product to be a bull ! Once again, stay focused on the U.S. Dollar and Stock Market if you want to buy these markets.

Have a Great Trading Day !

For more commodities information, go to www.alaron.com

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