# Sorghum too dear for buyers, too cheap for sellers - Grain Central

> Australian sorghum values near A$290/t delivered Darling Downs and A$280/t Newcastle are not high enough to draw growers' unsold tonnes, and export buyers find them too expensive versus US corn and Argentine sorghum. Dry conditions in southern Queensland and northern NSW clouds the new-crop outlook, with rain needed before planting.

- Date: 2017-08-21 · published 2017-08-21T12:00:00.000Z
- Category: weather · region Australia · magnitude low
- Page: https://feedsoft.ai/events/69510-sorghum-too-dear-for-buyers-too-cheap-for-sellers-grain-central
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Uncompetitive export pricing and tight dry-season supply support local feedgrain values, leaving domestic feed users paying firm prices while export demand stays weak.

## Read by commodity

- CORN: neutral
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-12-10 | [Canadian farmers can’t take a trick this year - Grain Central](https://feedsoft.ai/events/55539-canadian-farmers-can-t-take-a-trick-this-year-grain-central.md) | +4.3% | +3.9% |
| CORN | 2017-04-19 | [New climate data assessment tools for US grain farmers](https://feedsoft.ai/events/71337-new-climate-data-assessment-tools-for-us-grain-farmers.md) | +1.2% | +2.3% |
| CORN | 2017-02-07 | [Markets waiting for certainty on South American summer crop - Grain Central](https://feedsoft.ai/events/72338-markets-waiting-for-certainty-on-south-american-summer-crop-grain-central.md) | +1.9% | +1.6% |
| CORN | 2023-08-01 | [Tough summer hits EU grain production outlook - Grain Central](https://feedsoft.ai/events/34513-tough-summer-hits-eu-grain-production-outlook-grain-central.md) | -2.3% | -2.8% |
| CORN | 2019-08-01 | [Feedgrain Focus: Export demand, continuing dry bolster prices - Grain Central](https://feedsoft.ai/events/57696-feedgrain-focus-export-demand-continuing-dry-bolster-prices-grain-central.md) | -3.0% | -7.6% |

## Sources

- graincentral.com: https://www.graincentral.com/markets/sorghum-too-dear-for-buyers-too-cheap-for-sellers/

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