# Positive Basis Ups Profit Potential for New-Crop Corn

> Strong cash corn basis levels in Iowa, with the Big River ethanol plant in Dyersville bidding plus 40 to 45 cents over December futures, are drawing farmers to sell early as harvest begins. DTN analysts warn the best basis of the decade may not last once harvest ramps up.

- Date: 2022-09-28 · published 2022-09-28T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/39605-positive-basis-ups-profit-potential-for-new-crop-corn
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Strong local cash bids from ethanol and feed buyers support corn demand and nearby prices, and may pull forward farmer selling that adds harvest supply.

## Read by commodity

- CORN: bullish ▲
- DDGS: neutral

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/business-inputs/article/2022/09/28/positive-basis-ups-profit-potential

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