Posted by: usset001 | November 28, 2012

2013 Pre-harvest marketing plans for corn, soybeans and spring wheat

No, I have not done anything yet and, up to now, my patience has cost me little (fingers crossed).

Dec’13 corn futures peaked in early September at $6.60 per bushel. It currently trades at about $6.36. Sep’13 HRS wheat topped out in mid-September at close to $9.70 per bushel – today it trade just 25 cents lower. Soybeans are a little bigger concern. There was an ever-so-brief chance to price 2013 soybeans with the Nov’13 contract above $13.80 per bushel. The month of November was not pretty, but prices are back above the $13 mark.

I think I will get started soon.

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