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The United Sorghum Checkoff Program and U.S. Grains Council are developing value-added export markets, including aquaculture feed in Vietnam. The article traces how China became the main buyer of U.S. sorghum, which now sells at a premium to other feedgrains.
Vietnamese pangasius farmers traditionally use fishmeal, rice byproduct and cassava in their diets.
Market development for sorghum in aquaculture feed could widen future export demand, but it is a long-term effort with little immediate price effect.
sorghumgrowers.comArticle By Hannah LippsApr 17, 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.
