# 2022 brings bushels of opportunities

> A Farm Progress sorghum column says old-crop sorghum basis across the High Plains ranges from $0.08 to $0.60 over nearby futures, stronger than the past three years. New-crop bids are also historically firm, with some fall 2022 delivery opportunities. The strength is attributed to demand, especially from China.

- Date: 2022-01-10 · published 2022-01-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/43213-2022-brings-bushels-of-opportunities
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Strong basis and firm new-crop bids support sorghum prices and encourage acreage, which tightens sorghum supply for feed buyers. Sorghum's competitive pricing against corn is a factor in feed ration decisions.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/sorghum/2022-brings-bushels-of-opportunities

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