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An American Farm Bureau commentary argues that US grain sorghum exports to China grew from about $100 million in 2013 to nearly $1.5 billion in 2014 and remained dominant, and that trade rhetoric has hurt sorghum markets. The piece is an analytical overview of the trade dispute.
China's dominance as a sorghum buyer means the tariff removes the main price support for US sorghum, keeping pressure on prices and export values. Sorghum's feed value relative to corn determines how much domestic demand can absorb.
fb.orgVeronica NighApr 26, 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.
