Surprise: an Argentine crop with a new use won a battle against the United States in China

Until mid-November of this year, the price of sorghum was at a low of 220,000 pesos per ton, but then it began to increase. In one month, the values climbed from 223,000 pesos to $250,000, with an improvement of 12%, according to a report by AZ-Group. In the same period, corn went from 258,000 to 275,000 pesos, with an increase of 6%. This recovery in the price of sorghum is mainly explained by Chinese purchases, according to the report. In the case of Argentina, exports from the last campaign to China were 1.4 million tons, above the 1.03 million tons from the United States, although below the 2.4 million tons from Australia. In China, the cereal is widely used for a beverage. “Traditionally, many producers incorporated sorghum into the rotation only in those campaigns in which hot summers with little rainfall were expected or to produce grain in plots with production limitations for maize cultivation. For some farmers, in the past sorghum also raised doubts about marketing, as ...