# High Plains Ag Week 6/13/2022 - Corn & Sorghum Market Update - Ag Economics on the Plains

> Corn and sorghum values remain relatively high, with December corn having risen above $7 per bushel on several major moves since the Russian invasion of Ukraine. Prices opened higher after a neutral-to-bearish June WASDE, with the June 30 Acreage report seen as the next market mover.

- Date: 2022-06-13 · published 2022-06-13T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/40988-high-plains-ag-week-6-13-2022-corn-and-sorghum-market-update-ag-economics-on
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

High corn values keep sorghum and other coarse grains supported as substitutes. Upcoming acreage data is the next key catalyst for price direction.

## Read by commodity

- CORN: bullish ▲
- SORGHUM: bullish ▲

## Sources

- agrilife.org: https://agrilife.org/agecon/high-plains-ag-week-6-13-2022-corn-sorghum-market-update/

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