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The National Sorghum Producers CEO expects average sorghum yields this harvest, with variability from poor growing conditions, despite a large jump in acreage. He says demand for the crop continues to rise and that quality looks good, especially further north.
Average yields on a much larger acreage imply a big crop, but rising demand limits downside for sorghum prices.
1230kfjb.comAshley AndersonSep 24, 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.
