# Sorghum may be poised for a rally and shift to more food uses | 2017-05-31 | Agri-Pulse | Agri-Pulse Communications, Inc.

> Grain sorghum prices at Louisiana and Texas port terminals recently rose above $4.60 a bushel, more than 50 cents over corn at those ports. USDA projects sorghum will average only $2.60 to $2.80 to farmers this marketing year due to a broad grain glut.

- Date: 2017-05-31 · published 2017-05-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/71058-sorghum-may-be-poised-for-a-rally-and-shift-to-more-food-uses-2017-05-31-agri
- Commodities: [Sorghum](https://feedsoft.ai/c/SORGHUM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Strong port premiums could pull sorghum into export channels and support local sorghum values, though the national average remains weak under corn-driven oversupply.

## Read by commodity

- CORN: neutral
- SORGHUM: bullish ▲

## Sources

- agri-pulse.com: https://www.agri-pulse.com/articles/9305-sorghum-may-be-poised-for-a-rally-and-shift-to-more-food-uses

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