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ICRISAT researchers identified five sorghum and pearl millet candidates for Saudi Arabia. The crops are intended to provide both grain and livestock feed in water-scarce regions.
The findings are at the research stage.
Drought-tolerant feed grain varieties could over time reduce Saudi import needs for sorghum and feed. The impact on current prices is negligible.
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.