# Growing Market - Sorghum Soars

> USDA's Prospective Plantings report projects US sorghum acres up 11% to 5.82 million in 2020. Export commitments reached 122.9 million bushels as of April 20, with China a key buyer.

- Date: 2020-06-01 · published 2020-06-01T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/52665-growing-market-sorghum-soars
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong export demand and better relative returns point to firmer sorghum prices and larger planted area, which could tighten feed grain supply for buyers later in the year.

## Read by commodity

- CORN: neutral
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2017-11-30 | [Sorghum exports notch new marketing year high - Brownfield Ag News](https://feedsoft.ai/events/68049-sorghum-exports-notch-new-marketing-year-high-brownfield-ag-news.md) | +1.0% | +7.1% |
| CORN | 2017-02-01 | [Market Factors - Corn South](https://feedsoft.ai/events/72531-market-factors-corn-south.md) | -0.1% | +0.9% |
| CORN | 2024-07-12 | [Grain Market Summary 7.12.24](https://feedsoft.ai/events/9374-grain-market-summary-7-12-24.md) | -2.4% | -2.7% |
| CORN | 2018-10-24 | [Corn, sorghum growers face tough 2018 - Texas Farm Bureau](https://feedsoft.ai/events/62597-corn-sorghum-growers-face-tough-2018-texas-farm-bureau.md) | -1.4% | -5.7% |
| CORN | 2026-01-01 | [Brazil soy boom may crash global grain markets](https://feedsoft.ai/events/21533-brazil-soy-boom-may-crash-global-grain-markets.md) | +0.6% | -0.9% |

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/news/article/2020/06/01/growing-market-sorghum-soars

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