Farmers Hold Corn Tight

Farmers Use On-Farm Storage as Leverage for Better Prices

The DTN Market Tracker, available on DTN subscription products, shows cash corn basis levels by county. Counties shaded red, orange or yellow currently have a cash basis that's below futures prices, while cash prices in green and blue counties are above futures. (DTN chart)
The DTN Market Tracker, available on DTN subscription products, shows cash corn basis levels by county. Counties shaded red, orange or yellow currently have a cash basis that's below futures prices, while cash prices in green and blue counties are above futures. (DTN chart)
Farmers are shutting the bin doors and waiting stubbornly for better prices. A recent DTN 360 Poll showed that 44% of farmers have sold or forward priced less than 10% of their corn crop.

Subscriber-Only Content

To read the Full Story, upgrade your account to a FREE trial of MyDTN today.

  • Exclusive access to comprehensive, customized insight anytime, anywhere
  • If you're a Community user, all of your settings will transfer into your trial
Start your free MyDTN demo 
P[] D[728x170] M[320x75] OOP[F] ADUNIT[] T[]

P[L2] D[728x90] M[320x50] OOP[F] ADUNIT[] T[]

P[R1] D[300x250] M[300x250] OOP[F] ADUNIT[] T[]

P[R2] D[300x250] M[320x50] OOP[F] ADUNIT[] T[]

DIM[1x3] LBL[article-box] SEL[] IDX[] TMPL[standalone] T[]

P[R3] D[300x250] M[0x0] OOP[F] ADUNIT[] T[]