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Kansas Governor Jeff Colyer wrote to President Trump about China's antidumping and countervailing investigation into U.S. sorghum, noting sorghum prices fell 25% over one weekend. Kansas produces 55% of U.S. sorghum.
Political pressure for a resolution may help restore Chinese demand, but the investigation keeps sorghum export uncertainty elevated and weighs on cash prices.
hpj.comDave BergmeierFeb 24, 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.
