ODESA: During the last two months, finding good quality sorghum offers for export was somewhat problematic. The old crop was almost finished, and small left-over stocks have been distributed at the local market. And purchasing prices remained on the same level all this time, as buyers were not ready to increase purchasing prices for sorghum, giving preference to cheaper feed items.
Finally, harvesting 2021 started, and farmers are ready to offer their new stocks. For the moment, the purchasing prices remained on the same level 235-240 $/t. But total feed market growth and increasing demand from the EU and the Middle East can give a short but significant impulse to sorghum prices. At the market, the demand exceeds supply. But this is for a brief period as more enormous volumes are expected from the fields.
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