Old crop corn Processor basis has improved 29c since July 15th and is +10u in Cedar Rapids. $3.85 October Call is 15c. This gives you -5c basis floor, and have until Sept 25th to sell your call (price your corn). If on Sept 25, Dec corn futures are over $3.85 (currently $3.80) you can hold this until Nov 27. This is much better than a "price later" because you are taking advantage of a STRONG basis improvement, and you do not have to price off of an "elevator" or "cheaper" basis. YOU ALSO GET PAID! AND HAVE A FLOOR! Don't forget you can clean your bin NOW, and are not fighting for trucks during harvest!