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China bought 65,000 metric tonnes of U.S. sorghum, its first purchase since August and its largest since Beijing imposed a 25% tariff on U.S. grains in July. The purchase was reported in USDA export data.
Renewed Chinese buying supports U.S. sorghum demand and export prices, though the volume is small relative to total export commitments.
feedandgrain.comDec 1, 2020Not 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.
