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3.89 fall corn
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Angus
Posted 2/23/2007 18:29 (#109831 - in reply to #109804)
Subject: Re: 3.89 fall corn


West Central IL
I would plant more corn and buy insurance, not exactly sure what you are asking us. I am 80% corn, although I have been 70% for a few years. I just priced 10% DEC hedge to arrive. I plan on pricing 10% in March, April, May, June and July. Save the rest for later. I still have 30% of old crop left. Your nearby basis is much better than mine. We are -30. I am waiting for basis to improve to price more old crop. It usually improves when the river opens. I am in west central IL the Mississippi is closed from here north.

Edited by Angus 2/23/2007 18:42
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