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The USDA forecasts the 2025/26 U.S. sorghum crop at 9.94 million tonnes, up nearly 14%. China is still the key buyer, but its duties and firm suspensions cut U.S. shipments more than 95% in the first half of the year.
A larger crop with uncertain Chinese access points to weak export-driven demand and pressure on sorghum prices, though a China recovery could offset it.
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.