If the cash market is higher by the time the crop is ready, you will not make as much as you might have.
If the price is lower, then you are fortunate to have sold prior to the decline.
Of course, you have the option of doing nothing, hoping that corn will be much higher at some point in the future.
The essence of the futures market vehicle is, its use as a tool by which the producer and end-user can hedge or protect profits.
Futures are ideal hedges against rising or falling prices.


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