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The Energy Report - Take It To the Limit!

Get ready for a new dynamic in today's energy trade. In a major shift the US Department of Agriculture the National Agricultural Statistics Service (NASS) and World Agricultural Outlook Board (WAOB) will begin issuing its major USDA statistical reports at 11:00am CST. Ethanol and corn traders for what is the most notorious report of the year! The December ending stocks report for corn has a 5 out of the last 6 year track record of causing limit moves one way or the other. With corn stocks expected to hit a 9 year low and stocks dwindling at the fastest pace in 17 years and the fact that the report release has been switched to 11 o'clock central time oil and grain traders and oil trader better get prepared for some fireworks.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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