dec corn prices and acres

[farmboy044]

would this be the time to sell dec corn. it has ran up alot, has to be buying acres, and usually makes a seasonal high here. maybe one should sell the 320 calls for 12 cents. the market is at 274, so it has to rally 46 cents plus the 12 captured premium before you are at risk. if so, you have grain to sell at a higher price.

you might mention drought in the midwest are at greater chances. remember, the moisture situation right now is very good. can anyone predict a weather event 2 or 3 months from now? i can remember several years someone predicted a drought, never happened, and the years there was one, no one predicted it.

[TOM4CWB]

farmboy044;

If you have corn to market, are assured you can grow it: not a bad idea.

If you have a barley crosshedge... WATCH OUT!

Get the right to a CWB export license... before you count on filling that hedge. Memories of 1996... hundreds of millions lost on feed barley... Ken Beswick quit as Commissioner of the CWB; because of the huge losses the CWB caused on barley.