Sorghum
China’s sustainable jet fuel exports are growing, which could increase demand for renewable feedstocks such as used cooking oil.
The conference brings global sorghum research to one of the nation’s major production regions.
The Internal Revenue Service issued updated emissions-rate guidance on September 8, while the Department of Energy revised its 45ZCF-GREET model.
California E15 adoption could significantly increase ethanol demand, primarily benefiting corn while also creating secondary opportunities for sorghum growers.
Strong corn shipments are supporting export demand while soybean and wheat inspections continue to trail last year’s pace.
The new MILO contract gives sorghum producers a direct tool to manage price-spread risk, but liquidity and regional basis differences remain important factors.
Corn export inspections remain well ahead of last year as soybean and wheat shipments lag.
The August WASDE shows tighter corn and wheat stocks, larger soybean production, and continued pressure on several livestock markets.
The latest USDA WASDE report could move grain markets with updated estimates for corn, soybean, and wheat production, ending stocks, and demand.