Loading ...Corn and beans were planted extremely late and an early freeze would wreak havoc on the crop.
Corn has sold off to significant lows. December corn call option are just above a nickel. The December option expires in about 77 days. $250. Buys a just out of the money call option. A hard early freeze would send the corn market straight up. Probably for a buck or so. $250. for a possible $5000. gain. I like those odds. The soybean market would probably act similar.
rno