Why not do a Basis Contract on Corn in the Bin???
Lock in an Attractive Basis Level now, while
Staying in the Market in the event of a Futures Rally!!!  
Do you believe that corn futures will rally this spring???
Would You like to draw 70% of your money to offset
Interest and Pay off other notes, AND stay in the Market
if there is a futures rally??? 
For more details, give me a call at:  870-598-2006. 

 Here is an example:
Let's say that it is May 20, and MFC is bidding $3.40/bu
for corn picked up at the Bin, and July 2010 futures are
trading at $3.60 for a basis of -.20 July futures.
Historically, a basis level of -.20 July at the Bin is considered a
pretty good level to sell May delivery. 
You also believe thatfutures level will climb after 
later this spring to buy corn acreage.
So you enter into a basis contract with
Morris Farm Center at -.20 July for May delivery. 

Then, Let's say that it is June 15, and July 2010
futures levels have climbed to $3.90.  At this time you believe
that July futures have just about topped out, so You set the
futures to you existing -.20 July basis contract for a final
price of $3.70!
In this example, you net $0.30/bu more by doing a basis contract!
 

 Advantages: 
1.  Lock in a strong basis while staying in the market to benefit
from any futures increase.
2.  Receive a 70% advance after delivery.
3.  Gives producer flexibility to move grain
if quality or logistics are a concern.


 We Hope Everyone has a Happy Spring!
Becky