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K-State economist Dan O'Brien says US export sales are finishing the old crop strongly, with new-crop corn sales above 110 million bushels. He sees a possible China trade deal sparking sorghum sales, though he expects China's soybean purchases to be included in any deal.
Solid export demand supports corn and sorghum prices, while a possible China agreement would add upside for sorghum and soybeans.
Not enough comparable past events yet for a historical read.
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.