We’re Working Government Is Not - The Corn & Ethanol Report
We start off the day with the Columbus Day Holiday, Thanksgiving in Canada, and Sports Day in Japan. So we only get speeches from the Fed starting with Fed Logan Speech at 8:00 A.M., Fed Barr Speech at 8:15 A.M., and fed Jefferson Speech at 12:30 P.M.
Tomorrow we will have Export Inspections and Crop Progress. The markets are trading on emotion of fear and greed. Today is no different. But it is …. Israeli Declaration of war against Hamas and all the other bad actors has the markets guessing. Hopefully we can come to a quick close to this threat, and pray we could have a bountiful harvest and live.
In the overnight electronic session the December corn is currently trading at 490 ½ which is 1 and a half of a cent lower. The trading range has been 497 to 490 ¼.
More By This Author:
Follow Through? The Corn & Ethanol ReportCost Of Doing Business & Runaway Inflation - The Corn & Ethanol Report
Food & Fuel Shortages Ahead - The Corn & Ethanol Report