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US sorghum production in 2025 is put at 10.2 million metric tons, but exports fell about 80% through July as China, which historically took over 83% of US sorghum, cut purchases by 97% amid the tariff dispute. China has turned to Australian and Argentine supply instead.
The loss of China as a buyer leaves a large US surplus that keeps sorghum prices depressed and redirects demand to other exporters.
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.