# Producers plan to hoard if minimum prices not guaranteed

> Sorghum producers in an association are asking the federal government for a guaranteed minimum price. They say current prices are lower than last year and threaten to hoard stock unless prices rise about 26%.

- Date: 2020-06-12 · published 2020-06-12T12:00:00.000Z
- Category: policy · region Kenya · magnitude low
- Page: https://feedsoft.ai/events/52668-producers-plan-to-hoard-if-minimum-prices-not-guaranteed
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

If producers withhold supply, near-term sorghum availability tightens and prices could firm, though the outcome depends on policy action that is not yet in place.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- tridge.com: https://www.tridge.com/insights/JOL-63AC4F80

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