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A High Plains Journal feature says grain sorghum has grown in value and relevance through uses in food, feed and ethanol. Roughly 6 to 7 million U.S. acres are planted each year, and acreage is recovering after sugarcane aphid infestations from 2015 to 2017.
Industry sources say recent sorghum prices have been good.
Acreage recovery and expanding end uses point to steady U.S. sorghum supply and demand, which supports prices over the medium term.
hpj.comTim UnruhFeb 11, 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.
