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Mexico has returned as a major buyer of US sorghum after the US Grains Council's marketing program, funded by Market Access Program money, kept importers engaged. Mexican imports rose to 647,000 metric tons in 2015/16 from about 150,000 the year before.
Sustained Mexican demand supports US sorghum export flows and basis, which helps underpin domestic sorghum prices for feed buyers.
grains.orgJun 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.
