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Elders economist Richard Koch notes sorghum has traded above milling wheat values in Australia, driven by growing Chinese baijiu distilling demand. He argues the market opportunity is underappreciated and sizes the baijiu market as very large.
Stronger industrial demand from baijiu distillers supports Australian sorghum values relative to feed-grade alternatives, though the effect on overall feed prices is limited.
graincentral.comGrain CentralMay 1, 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.
