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The National Sorghum Producers chair says the Texas coastal sorghum crop is off to a good start while the High Plains, western Oklahoma, and Kansas are fairly dry. He noted more subsoil moisture than last year and said regulatory and trade policy issues also affect the crop.
Dryness in the core sorghum belt outside south Texas raises some supply risk, but the lack of planting progress means the outlook remains uncertain.
oklahomafarmreport.comSpencer AndersonMay 15, 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.
