The Dan Flynn Corn & Ethanol Report
Thursday November 29th 2012
Good Morning!
We have more bullish news on Corn. Just when you thought you heard everything
the EU rejected a French claim and report linking Genetic Modified Corn to cancer.
Quoting a story from International News the European Food Safety Authority Agency
Responded, “serious defects in the design and methodology of a paper by Seralini et al.
means it does not meet acceptable scientific standards.” They went on further, “consequently
it is not possible to draw valid conclusions about the occurrence of tumors in the rats that were
tested.” This means more headlines that could fuel an already bullish market.
Also speaking of higher prices the EPA is once again flexing its muscles in the Energy sector and
Does not adhere to checks and balances that the Constitution and our Great Country was founded.
I have never seen in my lifetime or historically a move the EPA made regarding BP since Nazi Germany.
The EPA is the EPA and not part of our voting government!
Period!
My fellow Americans Wake Up!
In the overnight electronic session the December Corn is currently trading at 761 ¼ which is 1 cent higher
At this writing. The trading range has been 763 to 757 ¾ so far. I continue to remain bullish in the midst of
A historic drought not seen in generations not to mention government bureaucracies pouring salt on a gaping
wound. Government forces are not helping. Stay Tuned!
On the Energy Front the January Crude Oil is currently trading at 8779 which is 130 points higher as I write in
the overnight electronic session. The trading range has been 8803 to 8655 so far. The market is on pace to gain
back all of yesterday’s downside trade. I was thinking of more downside, however technical tell me otherwise
with a signal of a bottoming formation. This trading range should be a wild ride.
Let’s have fun trading!
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.