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After China imposed a 178.6 percent preliminary anti-dumping duty on US sorghum in April, about 20 vessels were rerouted to markets such as Spain and Saudi Arabia at discounted prices. USDA has since reported new sales to additional markets.
Diversified export destinations help absorb US sorghum supply, but rerouted cargoes at discounts show the price cost of trade disruption for feed grain exporters.
millingandgrain.comDynamicJun 8, 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.
