National Sorghum Producers

Sorghum exports continued their strong upward trend this week with China purchasing 4.8 million bushels. This trend has lead USDA to increase their 2020/21 projected exports for sorghum 15 million bushels to 275 million bushels for the marketing year. This update came out the most recent World Agricultural Supply and Demand Estimates (WASDE) report. At only a little over 3 months into the 2020/21 marketing year total sorghum exports have reached 178.4 million bushels, or 65 percent of the projected total. Basis is up on the gulf with sorghum trading at 132 percent of corn and remains steady in the interior.