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China, Spain and South Africa committed to purchase U.S. sorghum this week, with China taking 2.4 million bushels and Spain 2.2 million bushels. An additional 2.1 million bushels were committed to unknown destinations.
Multiple new export commitments support U.S. sorghum demand and basis, helping absorb supplies in the export market.
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.