Loading…
US sorghum exports stayed firm as traders rerouted cargoes originally bound for China. Spain took 5.2 million bushels for immediate delivery and Mexico committed 3.0 million bushels, bringing the number of international buyers to near-record 10.
New buyers replacing lost Chinese demand show the export program is partly offsetting the China loss, which supports 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.