Corn with two hundred dollar bills on topThe nearby corn futures contract is trading beyond the $7.50/bushel mark to start the week. But at the same time, the July contract is almost 70 cents/bushel lower, with the new-crop December contract almost $2/bushel lower. Trading floor rumors circulating about considerable losses in the market last week because of the spread between the two old-crop months are a reminder of the risks unique to the current marketplace and the need to take measures to protect yourself from those risks. While commercial grain traders are more likely to see losses across futures contracts like that rumored to have happened last week, physical grain possession is one way to protect from those losses. It’s a good time to ask your cooperative or wherever you deliver grain if yours is being marketed prudently and the way you need it to be in this time of high prices. See more.