I think it might be a decent time to sell a little even if you don't think the move up lately was a conspiracy. There is good carry in the market and while I don't think 4.10 is a good price for 2015 corn it is definitely better then the 2014 corn price and over time 2015 could end up just like 2014. I think a lot of people last year felt like they had some price protection because of RP insurance and then when October was over they lost their price protection and ended up selling for a lot less then the insurance price later in the year. This year could end up similar. |