Kub's Den
Elaine Kub Contributing Analyst
Wed Mar 20, 2013 09:18 AM CDT

I had a vivid dream the other night that Iowa was completely free of drought, but it was more like a nightmare. You see, I've been so stubbornly bullish for new-crop grain prices in the face of the ongoing drought that I don't have any new-crop grain sold yet (which isn't the typical wise strategy in a normal year when grain posts a seasonal high in the spring).

If it were really true that Iowa's soil had a nice store of moisture before planting, December corn futures probably wouldn't even be as high as they are right now ($5.65 per ...

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