Sell all remaining old crop corn, basis contracts, long futures, call options, DP corn. Sell it. Sell all of it.
Contract all the 2022 corn your nerves can stand, up to 100%, if your merchandiser will let you roll to the next crop year. Sell on a December HTA because there is no carry in this market. If carry comes in to this market, you can roll from December into a deferred month and capture the carry this fall.
Do not price beans. Do buy corn puts yet, even if you already sold new crop corn.
For the reasons why now, read on: