USDA's January Feed Outlook put 2025/26 US sorghum production at 437 million bushels, up 27% from the prior year, driven by 305,000 more harvested acres in Texas and Kansas. The season-average farm price was cut 10 cents to $3.70 a bushel, the lowest since 2019/20.
Larger supply and lower cash bids make sorghum a cheaper feed-grain alternative to corn, which pressures sorghum prices and may shift feed demand toward sorghum.
Not enough comparable past events yet for a historical read.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
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.