# Global factors boost sorghum price: China demand, US supply main drivers | The Land | NSW

> Northern NSW sorghum prices are firm at about $390/t on-farm, with some growers getting up to $440/t for Sorghum 1 delivered Newcastle. Strong Chinese demand, linked to tight domestic feed grain supply and baijiu production, is supporting the market. An estimated 58% fall in US sorghum output is also adding support.

- Date: 2023-04-26 · published 2023-04-26T12:00:00.000Z
- Category: trade · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/36495-global-factors-boost-sorghum-price-china-demand-us-supply-main-drivers-the-land
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Lower US sorghum output and firm Chinese buying tighten global supply and keep Australian sorghum export values high, which supports feed costs for buyers.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- theland.com.au: https://www.theland.com.au/story/8171935/global-factors-boost-sorghum-price/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
