Sorghum basis almost a dollar lower

Sorghum basis almost a dollar lower

The chairman of National Sorghum Producers says sorghum growers are feeling the pain of the U.S./China trade war, “Sorghum currently sits at a 25% tariff going into China just like other commodities. We still have a little bit of our commodity trickling into China but not near the volumes that we had during 2016 and ’17.” That’s Chairman Dan Atkisson who farms grain and forage sorghum, wheat, and, registered black angus cattle in Stockton, Kansas, “You know, our basis has fallen very sharply.

Continue reading Sorghum basis almost a dollar lower at Brownfield Ag News.