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Nearly 25 Chinese grain buyers toured Kansas farms in early summer after the Export Sorghum conference. Visits included farms in McPherson and White City, and one host noted this was the largest inbound trade group her family had hosted.
Discussion covered possible increases in Kansas sorghum acreage as drought conditions ease.
Strong Chinese buyer interest supports US sorghum export demand, while possible acreage gains in Kansas would add supply. Net price effect is limited for now.
ksgrainsorghum.orgMindy Wells, Maddy MeierJul 3, 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.
