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Southwest Kansas sorghum producers report excessive September rainfall, field wetness and rutting, while sorghum prices remain low and input costs rise. China's sorghum exports are reported down 97% this year.
Weak Chinese demand combined with a large crop keeps sorghum values low, limiting price support for feed 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.