# Sorghum ending stocks hold steady - Brownfield Ag News

> The USDA left its sorghum balance sheet nearly unchanged from January, with ending stocks steady at 25 million bushels. The average farm price was raised by 5 cents to $6.90 per bushel, and exports were trimmed because of reduced Chinese demand.

- Date: 2023-02-08 · published 2023-02-08T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/37381-sorghum-ending-stocks-hold-steady-brownfield-ag-news
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Steady ending stocks and a higher farm price signal firm US sorghum values, while lower export expectations weigh on demand from China, the main buyer. Feed buyers should expect the price to remain supported near current levels.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/sorghum-ending-stocks-hold-steady/

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