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The Kansas Grain Sorghum Commission approved a $1.01 million FY2022 budget focused on research and farmer programs. The update also cites USDA's September WASDE, which raised sorghum acreage to 7.3 million, the highest since 2015.
The budget itself does not move supply or demand; the acreage reference repeats the USDA report already covered, so the price impact is minimal.
ksgrainsorghum.orgMaddy Meier, Mindy WellsSep 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.
