The Dan Flynn Corn & Ethanol Report
Monday November 26th 2012
Good Morning!
In the overnight electronic session the December Corn is currently trading at 750 ¾
Which is 5 ¼ cents higher at this writing. The trading range has been 752 ¾ to 741 ¾ so
Far. There is no change in my outlook of higher prices especially with the wavering or
not wavering with the Renewable Fuel Standard which makes a mockery of the Free
Enterprise System which is what they are supposed to protect. Higher prices in the food
Chain only further makes the EPA look like the mafia. What are they protecting?
On the Energy Front the January Crude Oil is currently trading at 8778 which is 50 points
Lower at this writing in the overnight electronic session. The trading range has been 8829
to 8764 so far. The market is destined to make a new low barring any unseen geo-political
gaffes in the future.
Stay Tuned!
Call me for daily entry levels.
Have a Great Trading Day!
Thanks,
Daniel Flynn
141 West Jackson Blvd | Suite 1340A | Chicago, Illinois 60604
312 264 4374 (Direct) | 800 769 7021 (Main) | 312 264 4399 (Fax)
Email: dflynn@pricegroup.com
Web: www.pricegroup.com
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Keep a civil tongue.