# Kansas Sorghum Update: Opportunity Ahead For 2021 From Surging Chinese Forward Sales – Kansas Sorghum

> Kansas farmers see improved 2021 prospects as grain sorghum prices have risen sharply since mid-August 2020. Kansas State's International Grains Program reports that 97% of the 74.8 million bushels of unshipped U.S. sorghum forward sales are to Chinese buyers. USDA raised its export forecast to 290 million bushels for the current marketing year.

- Date: 2021-01-19 · published 2021-01-19T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/49200-kansas-sorghum-update-opportunity-ahead-for-2021-from-surging-chinese-forward
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Chinese feed demand is pulling U.S. sorghum exports toward levels not seen since 2014/15, supporting cash and new-crop bids. Strong forward bids may encourage more sorghum acreage this spring, which could cap future price gains.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- ksgrainsorghum.org: https://ksgrainsorghum.org/authentic-ag-sorghum-update-opportunity-ahead-for-2021-from-surging-chinese-forward-sales/

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