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The Ghana Commodity Exchange has added sorghum and sesame seed contracts to its electronic trading platform, bringing its total to five contracts. The exchange aims to standardise agricultural trading and improve value chains for both crops.
Sorghum is described as a potential barley substitute in brewing.
A new West African sorghum trading venue has little direct effect on global feed prices. It may modestly support regional sorghum price discovery and trade formalisation.
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.