# Is The US Tight On Corn Or Are Farmers Just Not Selling? - AgWeb

> Analyst commentary says many US farmers are holding grain at prices below $4.50 per bushel. The May/July corn spread narrowed from 14 cents to 9 cents, and basis rose 10 cents in the western Corn Belt. End users appear short of supply as elevators move stored grain on basis contracts.

- Date: 2024-04-22 · published 2024-04-22T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30755-is-the-us-tight-on-corn-or-are-farmers-just-not-selling-agweb
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tighter basis and narrower carries signal slower cash supply to end users, which can support nearby cash corn prices while farmer selling remains light.

## Read by commodity

- CORN: bullish ▲

## Sources

- agweb.com: https://www.agweb.com/opinion/us-tight-corn-or-are-farmers-just-not-selling

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.