# Grain elevator operators set sights on improved margins | World-grain.com | November 29, 2017 22:04 | World Grain

> CoBank's Knowledge Exchange report says U.S. grain elevators may earn strong margins in the 2018 crop year due to wide futures carry, weak harvest basis and low transport rates. It also flags storage shortfalls and possible Brazilian production issues tied to a developing La Niña.

- Date: 2017-11-30 · published 2017-11-30T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/67876-grain-elevator-operators-set-sights-on-improved-margins-world-grain-com
- 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

Wide carry signals ample storage demand and large stocks that weigh on nearby prices, while La Niña risk to Brazil could support deferred corn and soybean prices.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2016-11-11 | [Another record-breaking harvest \| World-grain.com \| November 04, 2016 18:17 \| World Grain](https://feedsoft.ai/events/12239-another-record-breaking-harvest-world-grain-com-november-04-2016-18-17-world.md) | -3.6% | -0.7% |
| CORN | 2016-12-06 | [Record U.S. crop yields lead to grain storage issues, higher profits for elevators \| World-grain.com \| December 06, 2016 14:43 \| World Grain](https://feedsoft.ai/events/73529-record-u-s-crop-yields-lead-to-grain-storage-issues-higher-profits-for.md) | +1.5% | -0.5% |
| CORN | 2017-12-08 | [E.U. grain crop revised up for 2017-18 \| World-grain.com \| December 08, 2017 15:03 \| World Grain](https://feedsoft.ai/events/67428-e-u-grain-crop-revised-up-for-2017-18-world-grain-com-december-08-2017-15-03.md) | +2.9% | +5.8% |
| CORN | 2018-03-09 | [COCERAL forecasts slight increase in E.U. grain output \| World-grain.com \| March 09, 2018 16:05 \| World Grain](https://feedsoft.ai/events/65939-coceral-forecasts-slight-increase-in-e-u-grain-output-world-grain-com-march-09.md) | +1.9% | +4.1% |
| CORN | 2016-11-10 | [Market Perspectives November 10, 2016 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/12242-market-perspectives-november-10-2016-u-s-grains-and-bioproducts-council.md) | -3.7% | -1.2% |
| SOY | 2017-12-13 | [Market Perspectives December 14, 2017 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/8426-market-perspectives-december-14-2017-u-s-grains-and-bioproducts-council.md) | -2.0% | -3.6% |
| SOY | 2018-11-21 | [Grain Transportation Report, November 22, 2018](https://feedsoft.ai/events/9538-grain-transportation-report-november-22-2018.md) | +1.1% | +1.4% |
| SOY | 2021-01-07 | [Canada's November Trade for Grains and Products](https://feedsoft.ai/events/49121-canada-s-november-trade-for-grains-and-products.md) | +3.4% | +0.5% |

## Sources

- world-grain.com: https://www.world-grain.com/articles/8993-grain-elevator-operators-set-sights-on-improved-margins

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