# Exclusive: U.S. sorghum armada U-turns at sea after China tariffs

> Sorghum prices at the Texas Gulf have slipped since China's announcement, with immediate shipments from Corpus Christi priced around $181.29 per ton before shipping, a one-month low. The report describes a sorghum cargo fleet turning back at sea after the tariffs.

- Date: 2018-04-20 · published 2018-04-20T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/65570-exclusive-u-s-sorghum-armada-u-turns-at-sea-after-china-tariffs
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Chinese cancellations leave US sorghum without its main export outlet, pressuring Gulf prices and forcing cargoes to seek other buyers at discounts. Weak export values are bearish for US sorghum farm prices.

## Read by commodity

- SORGHUM: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-trade-china-sorghum-exclusive/exclusive-u-s-sorghum-armada-u-turns-at-sea-after-china-tariffs-idUSKBN1HR03Z/

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