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Sudanese farmers in El Gedaref criticised the Agricultural Bank's new sorghum price of SDG270 per sack, a SDG20 increase they call unprofitable. They say fuel and spare parts costs have risen sharply and that the market price has fallen to SDG360 per ardab.
This is a local Sudanese pricing dispute with limited effect on world feed grain markets. It mainly signals strained farm finances and possible production risk in Sudan.
dabangasudan.orgDabangaJul 28, 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.
