Oklahoma Farm Report masthead graphic with wheat on the left and cattle on the right.
Howdy Neighbors!
Ron Hays, Director of Farm and Ranch Programming, Radio Oklahoma Ag Network  |  2401 Exchange Ave, Suite F, Oklahoma City, Ok 73108  |  (405) 601-9211

advertisements
   
    
   
   
   
   

Agricultural News


Record U.S. Sorghum Sales to China Reported

Fri, 14 Aug 2020 13:49:33 CDT

Record U.S. Sorghum Sales to China Reported U.S. Department of Agriculture Foreign Agricultural Service data issued yesterday shows U.S. sorghum purchases last week rang in the biggest week ever at almost 32 million bushels sold. That topped the previous record week at 23 million bushels, which took place in December 2014.

“U.S. sorghum farmers should be encouraged by these continued sales to China,” said National Sorghum Producers and Sorghum Checkoff CEO Tim Lust. “We are making improvements to our crop not only from a yield and technology standpoint, but also through quality measures, which are translating directly to international buyers and noticeably improved basis numbers across the country.”

According to reports from the USDA, sorghum sales for the current market year totaled 282,386 mt along with 527,500 mt for the coming 2020-2021 marketing year. All totaled, sorghum sales for the week were 809,886 mt or about 32 million bushels. This one week of sales reflects approximately 9 percent of the total U.S. sorghum production this year.

“These sales commitments are profound, and like in any other high demand situation, we expect to see basis increases enhance sorghum acres next year,” said Sorghum Checkoff Executive Director Florentino Lopez. “The U.S. Grains Council and Sorghum Checkoff remain fully engaged with Chinese buyers to help promote U.S. sorghum and provide technical information to leverage future sales while continuing to build future markets in Vietnam, Kenya, India and domestically, as well.”

Actual shipments to China were also at a seven-day period marketing-year high of 479,200 mt, according to USDA, and new crop sorghum sales are the highest they have been in five years.


   

 

WebReadyTM Powered by WireReady® NSI

 


Top Agricultural News

  • Wednesday, September 23, 2020 Market Wrap-Up with Justin Lewis  Wed, 23 Sep 2020 15:27:01 CDT
  • Norman City Leadership's Hardcore COVID-19 Restrictions Among The Reasons Why Farm Bureau Cancelled Annual Meeting, Says OKFB President Rodd Moesel  Wed, 23 Sep 2020 15:20:14 CDT
  • Oklahoma Grain Elevator Cash Bids as of 2:00 p.m. Wednesday, September 23  Wed, 23 Sep 2020 15:06:35 CDT
  • AFR/OFU President: Coronavirus Food Assistance Program 2.0 Step in Right Direction  Wed, 23 Sep 2020 14:59:51 CDT
  • Florida Cattle Rancher Testifies In Senate EPW On ESA Modernization  Wed, 23 Sep 2020 10:55:51 CDT
  • Lawmakers Show Support for Farmers  Wed, 23 Sep 2020 10:13:21 CDT
  • Public Lands Ranchers Set to Make Most Of Opportunities At PLC Annual Meeting  Wed, 23 Sep 2020 10:06:57 CDT
  • TCFA Virtual Convention Preview: Randy Blach and Peter Zeihan Talk Markets and Global Agriculture  Wed, 23 Sep 2020 09:52:37 CDT
  • NCBA Showcases the Beef Industry’s Commitment to Sustainability  Wed, 23 Sep 2020 16:39:02 CDT

  • More Headlines...

       

    Ron salutes our daily email sponsors!

    Oklahoma Ag Credit Oklahoma Farm Bureau National Livestock Credit Ag Mediation Program P&K Equipment Tulsa Farm Show AFR Insurance Stillwater Milling Oklahoma Cattlemen's Association KIS FUTURES, INC.

    Our Road to Rural Prosperity sponsors!

    Banc First OPSRC ORWA TPAOO TPAOO

    Search OklahomaFarmReport.com


       
       
    © 2008-2020 Oklahoma Farm Report
    Email Ron   |   Newsletter Signup   |    Current Spots   |    Program Links

    WebReady powered by WireReady® Inc.