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Texas South Plains and Panhandle sorghum fields face sugarcane aphid pressure, and agronomists advise scouting up to harvest. Sorghum prices have risen over the past six weeks and sorghum acres are up in 2020.
Rising sorghum prices and expanded acreage point to larger supply, while late aphid pressure is a minor yield risk that could tighten supply if it spreads.
Not 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.