# As much as sorghum price is concerned, December was a month not to remember by Brazilian sellers

> Brazilian sorghum prices fell 16.7% in December according to a Goias cooperative. The grain still gained 61.3% year to date, which was well above the 28.5% depreciation of the real against the dollar.

- Date: 2020-12-31 · published 2020-12-31T12:00:00.000Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/49728-as-much-as-sorghum-price-is-concerned-december-was-a-month-not-to-remember-by
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

A sharp December pullback in Brazilian sorghum prices weakens the local feed grain price floor, which can ease costs for domestic feed buyers after a strong 2020 run.

## Read by commodity

- SORGHUM: bearish ▼

## Sources

- tridge.com: https://www.tridge.com/insights/as-much-as-sorghum-price-is-concerned-december-was-a-month-not-to-remember-by-brazilian-s

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