Sorghum Prices, Trend, Chart, News, Demand, Monitor & Forecast
North America Sorghum Prices Movement Last Quarter:
Sorghum Prices in United States:
| Product | Category | Price |
| Sorghum | Agriculture | 280 USD/MT |
In Last Quarter, the sorghum prices in the United States reached 280 USD/MT. This price was influenced by several factors, including the steady domestic demand from the animal feed sector and export opportunities, particularly to Asia. Despite fluctuations in supply due to weather conditions, the U.S. maintained a strong market position with favourable production conditions. However, prices faced slight pressure from increased competition from other grain markets. The steady demand from both the domestic and international markets helped stabilize prices, keeping the sorghum market relatively consistent throughout the month.
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APAC Sorghum Prices Movement Last Quarter:
Sorghum Prices in China:
| Product | Category | Price |
| Sorghum | Agriculture | 276 USD/MT |
In Last Quarter, sorghum prices in China reached 276 USD/MT. The price trend was largely shaped by the country’s growing demand for sorghum in animal feed production, as the agriculture sector continued to rely on the grain as a substitute for corn in animal diets. However, Chinese sorghum prices faced downward pressure from global supply fluctuations and a strong domestic harvest of other grains. Despite these challenges, the market for sorghum in China remained stable, with the overall price trend reflecting the balance between supply and demand factors in the agricultural sector.
Latin America Sorghum Price Movement Last Quarter:
Sorghum Prices in Mexico:
| Product | Category | Price |
| Sorghum | Agriculture | 282 USD/MT |
Sorghum prices in Mexico reached 282 USD/MT in last quarter. The market in Mexico was influenced by domestic demand, especially from the feed and biofuel sectors. Additionally, strong export demand, particularly from the U.S. and other international markets, played a key role in price stabilization. The slight increase in prices was also supported by favorable weather conditions and a positive outlook for the crop’s performance. However, the Mexican sorghum market was also affected by global price fluctuations, with slight variations depending on trade agreements and supply chain challenges in the region.
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Sorghum Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2024 Edition,” presents a detailed analysis of Sorghum price trend, offering key insights into global Sorghum market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Sorghum demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
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Key Features:
| Key Attributes | Details |
| Product Name | Sorghum |
| Report Features | Exploration of Historical Trends and Market Outlook, Industry Demand, Industry Supply, Gap Analysis, Challenges, Sorghum Price Analysis, and Segment-Wise Assessment. |
| Currency/Units | US$ (Data can also be provided in local currency) or Metric Tons |
| Information Covered for Key Suppliers | · Company Overview· Business Description· Recent Trends and Developments |
| Customization Scope | The report can be customized as per the requirements of the customer |
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