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As of October 9, Kansas sorghum for grain was forecast at 237 million bushels, up 16% from last year, with yield forecast at 86 bushels per acre. About three-quarters of the crop was mature by October 19, ahead of last year.
A larger Kansas crop adds supply to the U.S. sorghum balance, a bearish factor that partly offsets strong export demand.
smartfood.orgOct 19, 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.
