Loading…
Tim Lust of the National Sorghum Producers Association said US sorghum prices remain strong from a historical perspective despite higher production costs. Demand from ethanol and exports is solid, but the small 2022 crop leaves limited supply, with early new-crop export sales from South Texas.
Tight US sorghum supply against steady demand supports sorghum prices, which matters for feed buyers choosing between sorghum and corn in rations.
aginfo.netJun 2, 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.
