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Sorghum premiums over corn fell sharply in late 2024, from 70 cents in August to 3 cents by November, with Texas January 2025 prices at a 59-cent discount to corn. The decline is attributed to reduced exports, particularly to China.
Weaker export demand for sorghum to China cuts its premium over corn, lowering the value of sorghum as a feed alternative and pressuring sorghum prices.
southernagtoday.orgFrancisco AbelloJan 22, 2025
oklahomafarmreport.comAimee CarlisleJan 22, 2025After 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.
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.
