# China purchases more sorghum - High Plains Journal

> Export sales of sorghum were strong in the week ending March 20, with China committing to buy 8 million bushels. Total commitments reached 14.4 million bushels, with a large share going to unknown destinations, likely also China. Basis kept rising, with sorghum trading at a 13 percent premium to corn on the Gulf.

- Date: 2020-03-25 · published 2020-03-25T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/54194-china-purchases-more-sorghum-high-plains-journal
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Concentrated Chinese demand is lifting sorghum basis and export values, supporting feed sorghum prices relative to corn.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- hpj.com: https://hpj.com/2020/03/25/china-purchases-more-sorghum/

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