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USDA raised its sorghum yield estimate to 55.7 bushels per acre, lifting production 3 percent to 291.1 million bushels. Output is still 33 percent below 2025 due to drought and lower acreage, and ending stocks rose to 26 million bushels.
A higher production estimate and larger ending stocks add supply and weigh on sorghum prices, although the crop remains far below last year.
Not 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.