# Sorghum Prices Have Significantly Decreased, With Experts Predicting Further Reductions Upon New Arrivals - Commodity Board Europe is an independent commodity market intelligence platform providing global production data, price insights and market analysis for agricultural and food commodities.

> Sorghum prices in India have fallen significantly, with Rajkot Yard showing a substantial drop. Jowar and millet prices also declined as new arrivals and an absence of drought weakened the market. Analysts expect a demand rebound over the next fifteen days that could stabilise prices, and summer crop estimates for Saurashtra and North Gujarat point to some production shortfalls.

- Date: 2024-04-23 · published 2024-04-23T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/30810-sorghum-prices-have-significantly-decreased-with-experts-predicting-further
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Lower Indian sorghum prices reduce the cost of this feed grain for regional buyers. Forecast production cuts in parts of Gujarat could limit how far prices fall.

## Read by commodity

- SORGHUM: bearish ▼

## Sources

- commodity-board.com: https://commodity-board.com/sorghum-prices-have-significantly-decreased-with-experts-predicting-further-reductions-upon-new-arrivals/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.