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The chairman of the National Sorghum Producers says historic Central Plains drought produced the lowest sorghum yields since hybridization. He called for drought-tolerant genetics research.
The article cites the USDA November report, which showed production down nearly 9 million bushels to 235.8 million.
Record-low yields reinforce the tight US sorghum supply outlook, supporting sorghum prices and feed substitution demand.
1230kfjb.comAshley AndersonNov 22, 2022Not 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.
