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USDA now puts 2026 US grain sorghum output at 273.7 million bushels, down 37% from last year. Lower yields and fewer harvested acres in the Plains drive the decline.
A sharp drop in US sorghum supply tightens feed grain availability and can lift sorghum prices and support substitute feed grains such as corn.
Not enough comparable past events yet for a historical read.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
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.