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Demand for sorghum in Nigeria is expected to rise as brewers and millers seek locally grown raw material. Nigeria Breweries uses sorghum and has a malting plant able to process 35,000 tons of raw sorghum annually.
Growing African industrial sorghum demand is a modest support for global sorghum demand, but it has little direct effect on feed-grade prices.
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.