# Sorghum exports–and prices–are booming

> Total U.S. sorghum exports were already above 115 million bushels one month into the marketing year, 44% of the USDA export projection. Farmers are reportedly selling sorghum at $4.50 to nearly $5.00 per bushel, with 2021-22 bids above $4.20.

- Date: 2020-11-01 · published 2020-11-01T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/50696-sorghum-exports-and-prices-are-booming
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Chinese buying and firm cash and deferred bids point to tight sorghum availability and higher feed grain prices for buyers.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/news/sorghum-exports-and-prices-are-booming/

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