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National Sorghum Producers Chair Amy France said significant questions remain about CME's proposed sorghum futures contract. Growers' recommendations on delivery points and safeguards were not reflected, and the product relies on a wheat-market model.
Unresolved grower concerns about delivery and liquidity could affect how well the contract serves sorghum hedgers, with limited direct price impact.
Not 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.