# U.S. Sorghum-Corn Premium Prices Fell Sharply During this Quarter

> Sorghum premiums over corn fell sharply in the second quarter of 2022, with July sorghum priced at a $1.70/bu discount to corn and the sorghum-to-corn ratio dropping to 0.76. The decline is tied to reduced U.S. sorghum export estimates for 2022/23, now 5 million MT versus 7.4 million MT the prior year.

- Date: 2022-10-10 · published 2022-10-10T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/39195-u-s-sorghum-corn-premium-prices-fell-sharply-during-this-quarter
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower sorghum exports and a wider discount to corn weaken feed sorghum demand, making corn the more competitive feed grain for buyers and pressuring sorghum values.

## Read by commodity

- CORN: neutral
- SORGHUM: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2021-03-18 | [Chinese Imports of Sorghum, Driving U.S. Prices Higher -](https://feedsoft.ai/events/48165-chinese-imports-of-sorghum-driving-u-s-prices-higher.md) | +10.8% | +13.2% |
| CORN | 2020-10-26 | [Strong demand drives sorghum prices higher](https://feedsoft.ai/events/50695-strong-demand-drives-sorghum-prices-higher.md) | +0.3% | +10.2% |
| CORN | 2017-02-16 | [Rise in nitrogen fertiliser prices is short-term, says Yara -  Premium](https://feedsoft.ai/events/72423-rise-in-nitrogen-fertiliser-prices-is-short-term-says-yara-premium.md) | -0.3% | -1.5% |
| CORN | 2025-03-30 | [Sorghum prices soar as China turns away from US \| Queensland Country Life \| QLD](https://feedsoft.ai/events/25631-sorghum-prices-soar-as-china-turns-away-from-us-queensland-country-life-qld.md) | +0.4% | +4.2% |
| CORN | 2018-04-24 | [AgriMarketing.com - Sorghum Prices Fall 3x In Wake Of China's Tariff Announcement](https://feedsoft.ai/events/65573-agrimarketing-com-sorghum-prices-fall-3x-in-wake-of-china-s-tariff-announcement.md) | +2.2% | +5.1% |

## Sources

- southernagtoday.org: https://southernagtoday.org/2022/10/10/u-s-sorghum-corn-premium-prices-fell-sharply-during-this-quarter/

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