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The US Grains Council promoted sorghum and barley for pet food at a China companion animal ingredient conference. China is now the top destination for US sorghum, and sorghum imports have risen sharply since 2014 due to its non-GMO status and high domestic corn prices.
Chinese demand growth and market development efforts support US sorghum and barley export prospects, a mildly bullish factor for those feed grains.
grains.orgesuttonAug 18, 2022Not enough comparable past events yet for a historical read.
Not 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.
