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CBOT Corn Price Higher than Insurance Guarantee; Put Marketing Plan in Gear

2013-03-21 18:05:00| Corn & Soybean Digest

Source: Farmgate blog Did you see what happened with new-crop December corn prices Wednesday? After a nearly 5 rise, they closed at $5.67. While that is a long way from the $8 corn from last August, it represents a 2 rise above the crop insurance guarantee of $5.65. And that is what you were waiting for to justify your investment in crop insurance. The same faith that you have in burying seed hoping it will grow, has again paid off with your crop insurance decision. So what do you do with that now? read more

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