# U.S. Sorghum Market Prices to Gain 2% on Rising Demand from

> An IndexBox report says U.S. sorghum prices rose 55% in 2021 to $5.94 per bushel and are forecast to gain about 2% in 2022. The forecast cites Chinese feed demand and higher fertilizer costs. China took about 85% of U.S. sorghum exports in 2020.

- Date: 2022-02-07 · published 2022-02-07T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/42792-u-s-sorghum-market-prices-to-gain-2-on-rising-demand-from
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Expected Chinese demand and rising input costs support U.S. sorghum values, and China's dependence on U.S. supply makes trade policy a key price risk.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- globenewswire.com: https://www.globenewswire.com/news-release/2022/02/07/2380034/0/en/U-S-Sorghum-Market-Prices-to-Gain-2-on-Rising-Demand-from-China-IndexBox.html

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