# China Is Lured Back to U.S. Farm Buying Thanks to Cheap Sorghum - Bloomberg

> Chinese buyers are bidding for U.S. sorghum for April and May shipment, according to people familiar with the negotiations. The purchases signal that China is returning to U.S. farm goods mainly when they are priced attractively.

- Date: 2020-02-25 · published 2020-02-25T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/54647-china-is-lured-back-to-u-s-farm-buying-thanks-to-cheap-sorghum-bloomberg
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Fresh Chinese demand for U.S. sorghum supports export basis and futures, though the buying is price-driven and could fade if U.S. prices rise.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2020-02-25/cheap-american-sorghum-is-attracting-chinese-buyers-again

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