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USDA export inspections for the week ending August 24 show sorghum shipments of 77,863 tons, up 19,930 tons on the week and 55,392 tons on the year. Corn and soybean inspections were also reported, with the main destinations being China and Malaysia for sorghum.
Steady sorghum export demand, mostly from China, supports US sorghum basis. The weekly pace is a routine check and the change is modest.
brownfieldagnews.comJohn PerkinsAug 28, 2023Not 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.
