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US sorghum export commitments reached 168 million bushels for the 2023-24 marketing year, about 73% of USDA's raised 230 million bushel target. Some sales have also been booked for 2024-25, with China buying most of the crop.
Strong forward export sales support sorghum prices and farmer returns, and they reduce the risk of a glut in the coming marketing year.
farmprogress.comJohn DuffMar 5, 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.
