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National Sorghum Producers executive John Duff says growth in low-carbon fuel standards could lift ethanol-linked demand and increase US sorghum acres within the decade. He cites new state programs and similar policies in Canada, the EU, China and Japan.
Biofuel-linked demand for sorghum would be a longer-term support for the crop, but the comments are forward-looking and do not reflect a current policy change. Near-term price impact is minimal.
brownfieldagnews.comadminMar 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.
