# Kansas Sorghum Update: Strong Demand For Grain Sorghum In 2020 Produces Record Prices Throughout Sorghum Belt – Kansas Sorghum

> Sorghum prices reached records across the Sorghum Belt in 2020, with basis rising from around even in early spring to plus 200 by year end. Strong Chinese demand drove the gains as China's hog herd recovered from the 2018 illness, and China's 2021 coarse grain import needs could be double 2020's.

- Date: 2021-02-24 · published 2021-02-24T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/48694-kansas-sorghum-update-strong-demand-for-grain-sorghum-in-2020-produces-record
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Chinese feed demand is pulling sorghum basis higher, which supports sorghum prices for feed buyers even after harvest, when prices usually fall.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- ksgrainsorghum.org: https://ksgrainsorghum.org/authentic-ag-sorghum-update-strong-demand-for-grain-sorghum-in-2020-produces-record-prices-throughout-sorghum-belt/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
