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USDA data show Kansas sorghum harvest was about 91 percent complete by late November, and foreign sales are picking up pace. The Kansas Grain Sorghum Commission is preparing for its winter board meeting.
The update highlights stronger export movement for the crop.
Faster export sales tighten nearby sorghum supplies and support cash prices for buyers and merchants. The effect on prices is modest given the size of the crop.
ksgrainsorghum.orgMindy Wells, Maddy MeierNov 27, 2021Not 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.
