This could be a decent few months for holding corn futures. The weather has been quite destructive during the spring months. The Sep 2011 futures contract is selling for 754, which is a new high for the contract.
A leveraged trade for this would be to look to buy the Sep 2011 Corn 750 Future Option priced at 57-2.
*** This blog is used to provide and gather information about trading with futures options. It is only information and is not to be used as a recommendation to buy or sell any of the mentioned financial products. Please consult your financial professional before trading. ***