Loading…
A National Sorghum Producers podcast commentary says Chinese demand for sorghum remains strong despite the trade war, citing a mid-February interview with a major Chinese grain buyer. It notes that US sorghum is not yet moving back into China and that farmers rely on the Market Facilitation Program for income.
Strong Chinese import demand is supportive for sorghum prices once trade access returns, but until then US sorghum remains discounted in export markets.
farmprogress.comJohn DuffFeb 28, 2019Not 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.
