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Sorghum United, a new NGO, argues that sorghum is underused in animal and human diets despite needing fewer inputs than corn. Most US sorghum output of about 188 million bushels was exported to China in the last crop year, with the rest mainly diverted to ethanol feedstock.
This is a feature on demand development rather than a price-moving event. Its relevance for feed buyers is limited unless it leads to new domestic buyers.
agnavigator.comJane ByrneAug 25, 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.
