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A farm-press column reviews sorghum challenges including the sugarcane aphid, resistant weeds and foreign demand after the 2017 crop. The author says the sorghum-corn price ratio and supply-demand balance will drive 2018 marketing decisions.
A follow-up column on sorghum markets is planned.
Sorghum acreage has contracted since the 2015 spike in the sorghum-corn price ratio, so the balance between pest losses and export demand sets the outlook for supply. The effect on prices is modest and mainly relevant to sorghum marketing.
farmprogress.comChris CogburnDec 4, 2017Not 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.
