
Sorghum yields have been exceptional across southern Queensland and northern NSW, with prices above A$300/t all year. Tropical Cyclone Alfred flooded parts of the southeast but caused little crop damage, though it delayed Brisbane shipments.
Cash sorghum has firmed on expected higher Chinese demand following China's tariff on US sorghum.
Large Australian crops are offset by firm Chinese import demand, leaving Australian sorghum prices supported while shipping delays add near-term logistics friction.
Not enough comparable past events yet for a historical read.
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.