Loading…

Australian sorghum prices have risen to around A$305 per tonne at Moree, above prime hard wheat, driven by Chinese demand for baijiu production. Producers say the Australian dollar's gains have also contributed to the price level.
Sustained Chinese baijiu demand keeps sorghum priced at a premium to wheat, supporting sorghum export values and competition for feed grains.
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.