# Sorghum nudges $300/t Downs as warm, dry weather fuels concerns - Grain Central

> Sorghum traded just below $300/t delivered Darling Downs as unseasonably warm, dry weather raised concerns about feedgrain supplies through November. The ABARES national domestic sorghum indicator rose 7% to $304/t in the week ending 19 July, its first move above $300/t since September 2015.

- Date: 2017-07-31 · published 2017-07-31T12:00:00.000Z
- Category: weather · region Australia · magnitude medium
- Page: https://feedsoft.ai/events/70031-sorghum-nudges-300-t-downs-as-warm-dry-weather-fuels-concerns-grain-central
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Barley](https://feedsoft.ai/c/BARLEY.md)

## Why it matters

Dry conditions and tight old-crop supply are lifting domestic sorghum values and pricing exports out of the market, which supports feed grain costs for buyers. Rain forecasts are the main factor that could cap further gains.

## Read by commodity

- CORN: bullish ▲
- BARLEY: bullish ▲
- SORGHUM: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-12-04 | [Wet Weather in Central Brazil a Cause for Concern](https://feedsoft.ai/events/61504-wet-weather-in-central-brazil-a-cause-for-concern.md) | +0.5% | +2.6% |
| CORN | 2021-03-06 | [U.S. grains: Soy futures rally on dry Argentina weather - Grainews](https://feedsoft.ai/events/8633-u-s-grains-soy-futures-rally-on-dry-argentina-weather-grainews.md) | +2.7% | +3.0% |
| CORN | 2021-02-22 | [Dry weather concerns extend from South America into North America](https://feedsoft.ai/events/48467-dry-weather-concerns-extend-from-south-america-into-north-america.md) | +1.6% | -3.4% |
| CORN | 2021-03-16 | [Weather woes persist for South American row crops - Grain Central](https://feedsoft.ai/events/47964-weather-woes-persist-for-south-american-row-crops-grain-central.md) | +11.3% | +13.1% |
| CORN | 2022-03-24 | [Bad omen for central US weather \| World Grain](https://feedsoft.ai/events/42196-bad-omen-for-central-us-weather-world-grain.md) | +1.8% | +8.1% |

## Sources

- graincentral.com: https://www.graincentral.com/cropping/sorghum-nudges-300t-downs-as-warm-dry-weather-fuels-concerns/

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