# Corn Basis: Market Rich With Arbitrage Opportunities

> DTN reports that US corn basis is about 15 cents stronger than a year earlier in mid-December 2019. The strongest bids are in the Eastern Corn Belt, where Ohio buyers are posting +40 over March futures, well above Western Corn Belt levels.

- Date: 2019-12-18 · published 2019-12-18T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/55623-corn-basis-market-rich-with-arbitrage-opportunities
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong eastern basis signals local short supply and will pull corn toward Eastern Corn Belt buyers, supporting cash prices there. The unusual spread between east and west may change grain movement patterns through 2020.

## Read by commodity

- CORN: bullish ▲

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2019/12/18/corn-basis-market-rich-arbitrage

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