Sorghum
U.S. farmers are poised to expand plantings of sorghum by nearly 20% this year, a far larger percentage than soy or corn acres, as sorghum is particularly appealing this year since it’s more resistant to drought.
Having completed foundation seed production, HOLL will be advancing into seed production for a potential 2023 launch.
Just this week, USDA confirmed U.S. sorghum shattered records last week, with a total of 33.9 million bushels of purchases. The total smashed the previous record set in August 2020 by 10 million bushels.
Of 772 farmers surveyed, 522 said they wouldn’t change their crop mix, regardless of what they learned from the Prospective Plantings Report.
Grassy weeds in sorghum have historically been extremely difficult if not impossible to control in-season.
Corteva Agriscience is introducing four Pioneer brand sorghum seed varieties containing the new, non-transgenic Inzen trait this season in the High Plains.
Sorghum producers are enjoying strong demand once again. China’s purchases started to rebound in early 2020 and the demand story has been strong ever since.
Here’s a look at what analysts are expecting for the upcoming growing season in 2021.
USDA announced a new tariff aid plan that offers a single payment rate for all commodities.
Trade tensions between the U.S. and China ratcheted higher after the Asian nation said it will follow through on plans to levy tariffs on a range of American farm goods including soybeans and corn.