Loading…
Sorghum farmers who chose Price Loss Coverage received $373 million in payments on October 1, averaging $62 per acre. The sorghum reference price is $3.95, and the article urges farmers to engage in the farm bill debate.
Government support payments cushion sorghum growers' income but do not directly change feed grain supply or price, so the market effect is limited.
farmprogress.comChris CogburnNov 1, 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.
