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Sorghum basis almost a dollar lower

The chairman of National Sorghum Producers says sorghum growers are feeling the pain of the U.S./China trade war, “Sorghum currently sits at a 25% tariff going into China just like other commodities. We still have a little bit of our commodity trickling into China but not near the volumes that we had during 2016 and ’17.” That’s Chairman Dan Atkisson who farms grain and forage sorghum, wheat, and, registered black angus cattle in Stockton, Kansas, “You know, our basis has fallen very sharply. Almost a dollar from this harvest over last harvest.”

Besides an end to the trade war, Atkisson tells Brownfield, growers need a farm bill THIS year and he’s optimistic they’ll get one, “Nobody wants to start over on this. They put in a lot of hard work. And to go ahead and push that into next year and have to get new CBO scores and start from scratch, to me, would be a disaster.”

Atkisson told Brownfield at the NAFB Convention he believes House Ag committee ranking member Collin Peterson wants the farm bill off of his desk before he takes over after the first of the year.

Interview with Dan Atkisson~

 

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