# CME's Sorghum Contract Trades the Spread, Not the Crop — The Front Month

> CME plans to launch physically delivered sorghum basis futures on August 24, pending regulatory review. The contract trades the sorghum-corn price difference with delivery through Kansas elevators, and the article flags liquidity as the first test.

- Date: 2026-07-21 · published 2026-07-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/18413-cme-s-sorghum-contract-trades-the-spread-not-the-crop-the-front-month
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The contract gives commercial users a direct hedge for sorghum-corn basis risk, though thin early liquidity could limit its use.

## Read by commodity

- CORN: neutral
- SORGHUM: neutral

## Sources

- thefrontmonth.com: https://thefrontmonth.com/articles/2026-07-21-cme-sorghum-basis-futures/

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