Corn & Ethanol Report

By Dan Flynn
13 November 2009 @ 09:53 am EDT

Good Morning !

The December Corn is trading at 390 1/2 which is unchanged as I write.The range is 394 3/4 to 387. With weakness in the U.S. Dollar I  anticipate traders will try to drive the market through $4 and this could become a reality.

Energies are showing weakness early with Crude Oil showing a new leg down technically.In the current events this could create another buying opportunity.

Have a Great trading Day !

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