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A Texas A&M AgriLife grain economist says sorghum, corn and cotton all offer strong prices for Texas row crop planters in 2021. Sorghum's price premium over corn could lead to more sorghum acres than corn for the first time since 2015.
Strong sorghum prices and China's tariff structure favoring sorghum over corn and wheat support export demand, which tightens US sorghum supply and supports prices.
qualityfarmsupply.comQFS OnlineApr 9, 2021Not enough comparable past events yet for a historical read.
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.
