Sorghum exports remain firm

Exports were firm this week as traders continued rerouting sorghum originally destined for China. Based on relationships built over the past two months, Spain purchased and immediately took delivery of 5.2 million bushels. Mexico committed to purchasing 3.0 million bushels bringing the total number of international buyers of U.S. sorghum to a near-record 10. Export sales are still on pace to reach the USDA target, which remained 245 bushels in the recent World Agricultural Supply and Demand Estimates report. As expected, the void created when China departed the market has led to numerous opportunities to interact with new buyers, and several trade missions are scheduled to continue building on these opportunities.