Where Will China Turn for Sorghum?

Posted on 04/18/2018 2:59 PM
China’s new deposit requirements of nearly 179% of the value of U.S. sorghum shipments to the country are expected to choke off all U.S. shipments to Beijing. Considering the U.S. supplied 95.2% of China’s total 5 MMT in sorghum buys in 2017, that left us wondering what its plans were for sorghum purchases going forward. Once the U.S...