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At a U.S. Soybean Export Council event in Des Moines, a Chinese delegation signed a letter of intent to keep buying U.S. sorghum. The sorghum industry says exports to China are expected to exceed 1 billion bushels in the next marketing year.
Continued Chinese buying supports U.S. sorghum export demand and prices, although letters of intent are not firm contracts.
seedworld.comSeed World StaffSep 20, 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.
