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US grain sorghum acreage has fallen from 17 million acres in the 1980s to 6.3 million acres in 2022, according to USDA data. Growers are promoting the crop as consumer demand rises, including use in a Gerber toddler snack.
The article describes demand growth for food-grade and feed uses.
Demand growth in food and feed uses could support sorghum prices, but the small acreage base limits its effect on broader feed grain supply.
farmprogress.comMindy WardApr 26, 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.
