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The U.S. Grains Council visited Saudi Arabia to promote sorghum, corn and DDGS to feed buyers. Saudi Arabia bought 11 million bushels of U.S. sorghum last year, and Saudi subsidy revisions could expand imports for animal feed.
Saudi feed import growth driven by subsidy changes could add export demand for U.S. sorghum and DDGS over time.
newsdakota.comTodd IngstadApr 29, 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.
