The Dan Flynn Corn Ethanol Report
Monday November 16th 2009
Good Morning !
With Cooler more seasonable weather sweeping through the Mid-West I anticipate December Corn to attempt a drive through $4. As I write the December contact is trading at 396 3/4 up 6 1/4 cents. The range is 397 3/4 to 390 3/4. A late harvest and weather and a continue week U.S. Dollar will continue to catapult prices. On the Energy Front prices are higher was again. You guessed it the U.S. Dollar and lack of any new fundamental news I would continue to play the ranges in this complex.
Have a Great Trading Day !