# Corn Strategy - Nov. 9, 2016

> Iowa Farm Bureau advises holding existing 2015-crop basis contracts and waiting to price 2016 corn above $3.50 on December futures. It notes that cash prices are holding and storage is tightening, which could increase producer sales.

- Date: 2016-11-07 · published 2016-11-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/8310-corn-strategy-nov-9-2016
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Tightening storage and steady cash bids support nearby corn prices, but the upcoming election and USDA report add short-term uncertainty.

## Read by commodity

- CORN: neutral

## Sources

- iowafarmbureau.com: https://www.iowafarmbureau.com/Article/Corn-Strategy-Nov-9-2016

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