Loading…
The U.S. Grains Council reports that its marketing efforts, funded by USDA Market Access Program money, rerouted about 280,000 metric tons of US sorghum from China to Saudi Arabia after China imposed anti-dumping duties in 2018. The Council says it is building a growing export market for US DDGS and sorghum in Saudi Arabia.
Export promotion helping US sorghum and DDGS find buyers in Saudi Arabia supports feed demand for these products, though the story describes past rerouting rather than new flows.
grains.orgOct 30, 2019Not enough comparable past events yet for a historical read.
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.
