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China's state-owned Cofco International loaded its first sorghum cargo from Brazil for China in August and may ship another 2.4 million tons by the end of October. Brazil has more than doubled its sorghum output in four years, while US sorghum exports to China have collapsed from over $2 billion a decade ago to $86 million in 2025.
US sorghum output is forecast to fall 33% this season.
Brazilian sorghum is displacing US sorghum in China, which weighs on US sorghum demand and export prices. Growing Brazilian supply also adds to global feed grain availability.
finance.yahoo.comSrividya KalyanaramanOct 13, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
