U.S. sorghum prices are still quite competitive in China despite the transition there to a more fundamental supply and demand market system, and another factor will also likely help open the door for more of those imports.
U.S. Sorghum Exports Rebound in May; DDGS Have a Pulse Corn prices in southern China have remained high with the 2016 harvest sold out and historically strong demand at the state-run auctions. Meanwhile, U.S. sorghum prices are still quite competitive despite China’s transition to a more fundamental supply and demand market system. With a total export volume of 420,720 MT worth $72.37 million, U.S. sorghum exports in May were up by 212,645 MT (+102.2 percent) versus May 2016 but less than the record 536,...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
