The Dan Flynn Corn & Ethanol Report
Wednesday December 9th 2009
Good Morning !
The December Corn is trading at 372 3/4 which puts it up 3 1/4 cents.The range is 372 3/4 to 369 1/2. The U.S. Dollar is sliding off it's latest gains once again! Do I sound like a broken record ? Our current weather conditions is not conducive to farmers trying to harvest what is left in the crop if at all. Expect another punch from Old Man Winter today and tomorrow. He was only jabbing us with his left expect the right to come in the next 48 hours. Speaking of the left, Is it not time for Harry Reid,Barbara Boxer and Nancy Pelosi to just go away ? On the Energy Front weekly inventory numbers due out which are leaning to draws across the board.The early numbers show this. Even if these numbers are true I forsee a changing of the guard on high Energy Prices.
Have a Great Trading Day !