# US / China sorghum deal no disadvantage for Aussie growers | Farm Online | ACT

> Australian sorghum producers say a US-China deal allowing China to resume buying US sorghum will not significantly hurt them, since most had already sold the 2018 crop. Upcountry Australian prices fell $20-30/t on the news before stabilizing, with Darling Downs prices near $400/t.

- Date: 2018-05-29 · published 2018-05-29T12:00:00.000Z
- Category: trade · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/65077-us-china-sorghum-deal-no-disadvantage-for-aussie-growers-farm-online-act
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Renewed Chinese access to US sorghum adds competing supply, but strong Chinese and feedlot demand for Australian grain should keep regional prices firm.

## Read by commodity

- SORGHUM: neutral

## Sources

- farmonline.com.au: https://www.farmonline.com.au/story/5434556/sorghum-deal-no-disadvantage-for-aussie-growers/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.