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National Sorghum Producers' executive director says growers are optimistic for 2023 after 2022's drought left the lowest national sorghum yield since 1960. Some western areas received recent precipitation.
New herbicide options may encourage growers to return to sorghum in the western Plains.
Expected acreage recovery in western sorghum areas could add supply, which would weigh on prices if it materializes.
aginfo.netJan 27, 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.
