# Ethanol producers buying up discounted sorghum - Texas Farm Bureau

> Texas ethanol producers have been buying discounted sorghum since China announced a 178.6% tariff on US sorghum in mid-April. The Texas Farm Bureau says the duty hurt Texas sorghum farmers, which is the second-largest sorghum state.

- Date: 2018-05-02 · published 2018-05-02T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/65078-ethanol-producers-buying-up-discounted-sorghum-texas-farm-bureau
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Ethanol buyers absorbing discounted sorghum supports local cash basis for feed grain while the export outlet to China is shut.

## Read by commodity

- DDGS: neutral
- SORGHUM: bearish ▼

## Sources

- texasfarmbureau.org: https://texasfarmbureau.org/ethanol-producers-buying-up-discounted-sorghum/

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