# China retreats from U.S. sorghum probe amid global market havoc

> China withdrew its probe into US sorghum after a deposit scheme had stopped trade and left almost two dozen ships carrying US sorghum stranded at sea. Cargoes were being sold at deep discounts elsewhere as merchants scrambled.

- Date: 2018-05-18 · published 2018-05-18T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/12671-china-retreats-from-u-s-sorghum-probe-amid-global-market-havoc
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Resuming Chinese purchases of US sorghum restores a major export outlet and should support US sorghum prices after the disruption.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-sorghum/china-drops-anti-dumping-probe-of-u-s-sorghum-imports-idUSKCN1IJ06Y/

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