Loading…
U.S. sorghum growers are worried about Chinese action after Beijing launched a dumping investigation into American grain sorghum. The article links the case to possible retaliation over U.S. steel and aluminum tariffs.
It cites National Sorghum Producers CEO Tim Lust on the impact of trade restrictions.
The probe puts China's largest sorghum import market at risk, and the same pattern could spread to corn if trade tensions escalate.
iowaagribusinessradionetwork.comStaff EditorMar 13, 2018Not enough comparable past events yet for a historical read.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
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.
