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A South African study sets out market opportunities for sorghum and a plan to raise local output to 500,000 tonnes per year and add 100,000 hectares of plantings. The 2021/22 season yield is forecast at an all-time high of 4.27 t/ha.
This is a long-term structural plan for a small regional crop and has no near-term effect on global sorghum prices. Its relevance to feed buyers is limited to local supply development.
farmersweekly.co.zaStaff ReporterMar 24, 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.
