# Basis tightens from lack of farmer selling

> A CoBank report finds grain basis tightened across the US due to strong end-user bids, limited pipeline supplies, and reluctant farmer selling. Elevators are offering farmer incentives, and carry in corn, soybean, and wheat futures has narrowed.

- Date: 2019-12-06 · published 2019-12-06T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55621-basis-tightens-from-lack-of-farmer-selling
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Tight basis and low farmer selling signal limited nearby supply, supporting cash grain prices for feed buyers. Weather-related quality issues from harvest may add cost pressure.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/business/basis-tightens-from-lack-of-farmer-selling

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