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USDA data show 2024 US sorghum planted area at 6.405 million acres, down 11% from 2023, with Kansas and Texas leading the declines. Harvested area is expected at 5.39 million acres versus 6.115 million a year ago.
Sorghum is losing ground to other crops.
A smaller harvested area than last year tightens US sorghum supply and supports prices for feed users.
kornradio.comJun 28, 2024Not 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.
