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The U.S. Grains Council describes how its market access work helped restore China as the top destination for U.S. sorghum after the Phase One trade deal and tariff exemptions in 2020. Sorghum exports to China had fallen to near zero during the 2018-2019 trade tensions.
The piece is a background account of past export promotion.
China's return as the main buyer of U.S. sorghum supports export demand, though the article describes past events rather than a new purchase, so its price effect is limited.
grains.orgFeb 28, 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.
