# North Dakota corn bushels from 2016 could affect corn prices | AP News

> North Dakota farmers are reportedly holding 2016 corn in hopes of higher prices. Local cash prices are set by basis relative to futures.

- Date: 2017-06-27 · published 2017-06-27T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/70522-north-dakota-corn-bushels-from-2016-could-affect-corn-prices-ap-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

If holders sell, regional cash corn prices could fall, though the effect is largely local and limited in scope.

## Read by commodity

- CORN: bearish ▼

## Sources

- apnews.com: https://apnews.com/general-news-efd4e7ed0a164ad7aa8e1d2e7aa54534

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