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Texas sorghum acres are expected to rise in 2021 on good prices and export demand, with the state expert saying planting could exceed 2 million acres. About half the state's sorghum was planted by late April, and timely rain is needed.
Expected acreage growth adds future supply, but drought risk in Texas could cut yields and keep sorghum prices firm.
morningagclips.comBrittanyApr 29, 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.
