Frost On The Way? The Corn & Ethanol Report

On the Natural Gas Front were seeing prices rise this morning mainly due to the weather outlook. The market has traded higher than the 5, 20, and 200 days moving average but not so on the 50 and 100 days average on the daily chart. The Baker Hughes rig count for natural gas rigs was up 2 at 93 rigs. The National Oceanic Atmospheric Administration said weather in the mid-west to be cooler than normal for the next 6-10 and 8-14 days. In the overnight electronic session, the May natural gas is currently trading at 2.575 which is .049 higher. The trading range has been 2.605 to 2.530.

1 2
View single page >> |

Disclaimer: A Subsidiary of Price Holdings, Inc. – a Diversified Financial Services Firm. Member NIBA, NFA Past results are not necessarily indicative of future results. Investing in ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.