National Sorghum Producers CEO Tim Lust says producers are coming up on two very interesting years. That’s when China started coming up with reasons to not buy U.S. sorghum, depressing prices before the trade war even started.
“It’s hard to believe how long it’s gone on,” said Lust.
He said a few boats are trading, but those exports are just a fraction of the business they had before. China was U.S. sorghum’s top exporting destination.
As a result, sorghum prices are less than impressive and sorghum producers are struggling with making profits this year. Lust said in order to fix depresses prices, sorghum producers need markets. That includes both domestic and international demand. He explained to Tyne Morgan on AgDay.
