# China trade agreement pays off for sorghum

> Chinese purchases of U.S. sorghum have surged since the Phase 1 trade deal took effect on February 14. USDA weekly commitments hit a record 31.8 million bushels in mid-August, with China leading the buying.

- Date: 2020-09-02 · published 2020-09-02T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/51167-china-trade-agreement-pays-off-for-sorghum
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Large Chinese sorghum commitments tighten U.S. export supply and support sorghum prices, making sorghum a more competitive feed grain for buyers.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- farmprogress.com: https://www.farmprogress.com/sorghum/china-trade-agreement-pays-off-for-sorghum

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