# Yes, That's Old-Crop Corn Piling Up Ahead of Harvest

> Old-crop corn piles are reappearing across parts of the Corn Belt as elevators haul remaining stocks off to make room for the new harvest. The USDA projected about 2.3 billion bushels of old-crop corn carried out of the 2016-17 marketing year, ahead of a 14.2 billion bushel crop estimate.

- Date: 2017-09-25 · published 2017-09-25T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/68849-yes-that-s-old-crop-corn-piling-up-ahead-of-harvest
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Large carryover stocks and storage pressure weigh on cash corn prices until the new crop is moved. The piling reflects weak basis that discouraged earlier farm sales.

## Read by commodity

- CORN: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/market-matters-blog/blog-post/2017/09/25/yes-old-crop-corn-piling-ahead&referrer=twitter

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