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An industry feature argues that China remains a major buyer of U.S. sorghum despite a fall in domestic Chinese corn prices. It says China took 47% of U.S. sorghum demand over the past four years, and that other importers are also developing.
Sustained Chinese feed demand for sorghum supports U.S. export prices and sorghum's value relative to corn, though the outlook depends on Chinese trade policy.
farmprogress.comApr 3, 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.
