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U.S. sorghum shipments to Spain reached $26.4 million in the first 10 months of 2018, making Spain the fourth-largest destination. Unfavorable weather delayed Spain's domestic crop, and competitively priced U.S. sorghum filled feed compounders' needs.
Strong demand from Spain's feed sector supports U.S. sorghum export sales and prices.
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.