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Delta Corporation has invested over $11 million in its sorghum contract farming scheme for the 2019/20 season, contracting 6,949 farmers across 10,673 hectares. Sorghum beer volumes fell 15% as input costs rose and consumers switched to cheaper brands.
This is a regional brewing input program in Zimbabwe with minimal effect on global feed grain prices.
Not 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.