Still looking ahead to pricing corn for 2012 delivery

Almost one month ago, I posted a draft of my 2012 pre-harvest marketing plan for corn. At the time, Dec’12 corn was trading at (what was then) life-of-contract highs of $5.67 per bushel. Since then, the Dec’12 contract continues to creep higher. Today it is flirting with the $6 mark.

I still have not “activated” my plan for 2012 but I am close. Stay tuned.