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Don Bloss, president of National Sorghum Producers, reported that sorghum has held up well in dry conditions in southeast Nebraska. He expects yields above the recent average of about 110 bushels per acre.
Strong expected sorghum yields in a key US producing area add to supply, which is mildly bearish for sorghum 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.