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A Mississippi State Extension analysis says sorghum yields this year are strong while planted acreage and prices have fallen. Growers are weighing whether to plant sorghum again next year, given the lower returns.
Lower acreage and softer prices reduce near-term sorghum supply and demand pressure, so the price direction is bearish for sorghum buyers.
djournal.comSep 25, 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.
