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Brazil's President Lula visited Beijing and signed numerous trade pacts, including a protocol allowing Brazilian sorghum imports into China. Brazilian farmers are reportedly starting to plant sorghum for the first time to serve that market.
Growing Brazilian sorghum supply aimed at China threatens US sorghum's dominant share of Chinese demand, which is bearish for US sorghum prices and export flows.
agri-pulse.comOliver WardJun 18, 2025Not 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.
