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Oklahoma and Southwest sorghum yields are holding up reasonably well despite weather extremes, with good to excellent yields expected barring an early freeze. Producers remain concerned about low prices and limited marketing outlets for a record crop.
Ample supply of a crop with limited export outlets keeps sorghum prices under pressure, which supports cheap feed grain for buyers.
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.