U.S. sorghum exports to China fell 95% in January and February 2025 to about 78,316 metric tons, versus more than 1.4 million tons a year earlier, according to government data. U.S. sorghum inventories rose 42% year over year to 150 million bushels on March 1 as Chinese demand disappeared.
Losing the largest sorghum buyer leaves surplus U.S. supply that must be sold domestically for ethanol or feed at lower prices, pressuring sorghum and feed-grain values.
Not 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.