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The United Sorghum Checkoff Program welcomed USDA's forecast of 7.3 million planted acres and 454 million bushels of production, up from 409 million in August. The group expects the 2021 crop to be worth over $2.7 billion.
A larger US sorghum crop with firm demand from feed programs and exports is a mild bearish supply factor for sorghum prices.
air.certifiedagdealer.comPaul KindingerSep 14, 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.
