Loading…
North Carolina grower Peter Fleming shifted part of his acreage to sorghum to manage drought risk, and a brewer is blending local sorghum into beer. Sorghum is gluten-free and non-GMO, and demand for food-grade grain is growing.
Most U.S. sorghum production still goes to animal feed and ethanol.
Growing food-grade demand is a niche outlet that adds a small premium source for sorghum, but feed and ethanol remain the main price drivers for the crop. The effect on feed-grade prices is minimal.
dtnpf.comDeborah R. Huso, ContributorAug 1, 2018Not 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.
