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Kansas sorghum prices have fallen to about $3.70 per bushel, down from $4.10 a year earlier, extending a decline since 2022. Bigger yields are straining elevator storage, and a 97% drop in exports to China is cited as the cause.
Heavy supply and limited storage weigh on local cash bids, and the lack of export demand keeps the price trend lower.
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.