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The U.S. Grains Council and National Sorghum Producers mobilized in response to China's anti-dumping and countervailing duty investigations into U.S. sorghum. Industry says Chinese market is not shut and existing contracts continue to be executed, with the process likely lasting a year or more.
Continued contract execution limits near-term export losses, but the lengthy probe keeps a risk premium on sorghum. Buyers should expect volatility until a ruling.
grains.orgFeb 8, 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.
