The Dan Flynn Corn & Ethanol Report

By Dan Flynn
22 October 2009 @ 11:27 am EDT

Good Morning !

 

The December Corn sailed in yesterdays day session do to the same old story of late harvesting and unaccommodating weather to come which will further troubles to finish this phase and has traders pondering how good the yields really are. In the overnight session the December Corn is trading at 397 1/4 which is down 1 cent as I write.

The range is 397 1/2 to 393 1/4.

I expect a running of the bulls in this market again.

 

On the Energy Front the U.S. Dollar is trading higher after yesterdays

collapse.This is easy Energy prices off yesterdays highs and huge rally.

 

Stay Tuned !

 

Have a Great Trading Day !

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