# Are Surprisingly Strong Cash Grain Bids Exposing Reality of U.S. Corn Supplies?

> Strong cash corn basis bids in parts of the US are raising questions about how tight corn supplies really are and whether grain can reach feed users in deficit areas. Analysts are watching USDA's June 30 Grain Stocks report for answers.

- Date: 2022-06-29 · published 2022-06-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40954-are-surprisingly-strong-cash-grain-bids-exposing-reality-of-u-s-corn-supplies
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Positive basis signals tight local supplies and logistics bottlenecks that support cash feed corn prices ahead of the USDA data.

## Read by commodity

- CORN: bullish ▲
- DDGS: neutral

## Sources

- agweb.com: https://www.agweb.com/news/crops/corn/are-surprisingly-strong-cash-grain-bids-exposing-reality-u-s-corn-supplies

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