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The National Sorghum Producers welcomed the signing of the US-China Phase One agreement at the White House on January 15, 2020. The group said the deal should shift purchases toward more US agricultural products, including sorghum, and is still analyzing its terms.
Expected restoration of Chinese sorghum buying could support US sorghum demand and prices, though volumes depend on implementation details.
sorghumgrowers.comsorghumJan 15, 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.
