# China loading up on sorghum gives century-old trader a boost

> Scoular, a major U.S. sorghum handler, reported strong earnings helped by Chinese sorghum purchases under the phase-one deal. Outstanding sales for the current season are at their highest in at least six years, per USDA data.

- Date: 2020-10-23 · published 2020-10-23T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/50699-china-loading-up-on-sorghum-gives-century-old-trader-a-boost
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Record-level outstanding sales to China signal firm export demand that supports U.S. sorghum prices.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- ajot.com: https://www.ajot.com/news/china-loading-up-on-sorghum-gives-century-old-trader-a-boost

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