# Another ‘weird year’ for grain production

> Texas sorghum acreage is expected to rise in 2023, with USDA projecting around 6.5 million acres early. Producers cite strong basis and tight farmer-held supplies, with ethanol companies buying sorghum.

- Date: 2023-03-20 · published 2023-03-20T12:00:00.000Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/36919-another-weird-year-for-grain-production
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Expected acreage gains would add future supply, but current tight farmer-held stocks and strong milo basis keep near-term sorghum prices supported.

## Read by commodity

- SORGHUM: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/sorghum/another-weird-year-for-grain-production

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