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The US is offering non-GM sorghum to Indian feed makers as an alternative to corn, which is priced at $305 per tonne versus $163 for US sorghum. India imposes a 50% duty on US sorghum and a pest risk assessment is still pending.
Cheaper US sorghum could displace corn in Indian feed if the duty and phytosanitary barriers are lifted, supporting sorghum export demand.
ukragroconsult.comMay 15, 2025Not enough comparable past events yet for a historical read.
After 480 past neutral trade events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
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.
