The timing is right for China to make purchases of U.S. sorghum. As China’s demand for imported coarse grains continues to grow, U.S. sorghum becomes an attractive commodity for its rapidly expanding market.
The U.S. Grains Council has been closely monitoring increasing demand and new market developments in China. Since late 2012 the Council has worked with the United Sorghum Checkoff Program to explore opportunities to facilitate sales of sorghum by both container and bulk vessel. The Council has been able to proactively take action to respond China’s sudden decision to import sorghum in higher quantities than in the past. According to Alvaro Cordero, USGC manager of global trade, purchases may be much higher and not a one-time thing.
Read On: US Grains Council : U.S. Sorghum Attracts China Attention: USGC Sees Long Term Potential.