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Kansas sorghum yields are the best in years, with a crop about 23% larger in some areas, but China's retaliatory tariffs have closed the main export market. Farmers may not break even despite the strong harvest.
Larger supply with the loss of China's export demand points to downward pressure on sorghum prices and tighter storage conditions.
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.