Jasper County Democrat, Volume 12, Number 50, Rensselaer, Jasper County, 6 October 1909 — CONTRACTING DECEMBER CORN. [ARTICLE]

CONTRACTING DECEMBER CORN.

Quit a number of farmers in this vicinity contracted their corn for December delivery some weeks ago, at 45 cents per bushel, we understand, and still others contracted later at 50 and 51 cents. While this is a good price, yet it seems to us that the farmer is unwise to contract. The people who are asking them to enter into contracts of this kind are in a position where they ought to know more about the corn crop the country over, and the probable price, than the farmer, and if they did not think they were going to buy it for less than the market price in December they would not want to contract it now. While of course these wise-heads may be mistaken, still it strikes us that it is better for the farmer to take the chances on their being right than the opposite, one year with another.