As the 2026 spring planting season kicks into high gear, American agriculture is facing a tipping point. A major geopolitical conflict in the Middle East has sent fertilizer prices soaring forcing farmers, distributors, and the federal government to rethink how we feed our crops.

A look at a trade we like for Dec 2026 corn and why, who it is for, and how it works.

Hedge strategies for old and new crop corn.

A couple of strategies we’re looking at this week, including corn re-ownership strategies and feeder cattle downside protection.

We discuss our expectations for the January 12th 2026 WASDE report from the USDA

March corn a year ago was within a couple pennies of the price that march corn presently is at.

By the end of Feb we had traded to $4.95.

We think history could repeat itself or maybe even be better.

Our corn  demand is off the charts and we are not sold that our production is any place close to where the USDA presently has us at.  On top of that we have a world carryout that is the tightest it has been since 2013.

With that in mind we like the following trade: