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A consultant for the National Sorghum Producers says sorghum is a strong option for 2023 in crop budgets. Kansas State University budgets show it is more profitable than dryland corn, cotton, soybeans and wheat in most of the state.
The argument centers on lower input costs and profitability.
Stronger relative returns could encourage more sorghum planting over time, but this is an opinion piece with limited immediate price impact.
farmprogress.comJohn DuffApr 4, 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.
