# NSP Export Report | News Dakota

> China was the top buyer of U.S. sorghum in the week, purchasing 9.96 million bushels for 2020/21 and moving another 2.4 million bushels into 2021/22. Total 2020/21 purchases reached 226.7 million bushels, or 78% of the USDA export projection, while Gulf basis traded at 135% of corn.

- Date: 2021-02-01 · published 2021-02-01T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/48696-nsp-export-report-news-dakota
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Heavy Chinese buying leaves little old-crop sorghum for export, supporting Gulf basis and sorghum prices relative to corn.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- newsdakota.com: https://www.newsdakota.com/2021/02/01/nsp-export-report/

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