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The US Grains Council says its sorghum promotion in China has generated more than 12 million tonnes of sales since June 2015. Those sales continued even after China's corn price reforms reduced incentives to import feed grains.
Continued Chinese sorghum purchases add to export demand for US sorghum, supporting prices even as Chinese corn policy shifts.
grains.orgJun 12, 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.
