# Chinese Delegation Signs Sorghum Letters of Intent - Seed World

> 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.

- Date: 2017-09-20 · published 2017-09-20T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/69015-chinese-delegation-signs-sorghum-letters-of-intent-seed-world
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md)

## Why it matters

Continued Chinese buying supports U.S. sorghum export demand and prices, although letters of intent are not firm contracts.

## Read by commodity

- SORGHUM: bullish ▲

## Sources

- seedworld.com: https://www.seedworld.com/us/2017/09/20/chinese-delegation-signs-sorghum-letters-intent/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.