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Oklahoma Panhandle producer J.B. Stewart has not planted grain sorghum yet and is considering a prevented-planting option because the Cimarron County fields have had almost no rain since October.
He reports his wheat yields were appraised at zero to one bushel per acre. Producers in the area face a possible repeat of the 2011 drought.
Drought-driven abandonment and delayed planting reduce US sorghum supply, which supports sorghum prices and tightens feed grain alternatives to corn.
farmprogress.comRon SmithMay 23, 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.
