Case IH Power Tab

Farm Futures
   Search Site:   Saturday, May 26, 2012 | Bookmark This Site   
Skip Navigation Links
Home
Markets
News
Weather
Farm Futures NOW!
Magazine Online
RSS News
Land For Sale
Mobile
Subscribe
Reprints
Register
Login
About Us
Advertise
 
Share This
 

Sale of Sorghum Presents Possible Opportunities

Canada is buying U.S. grain sorghum.
Compiled by staff 
Published: Mar 2, 2009

The U.S. Grains Council has organized the sale of four railcars of South Dakota sorghum to Canada. The sale of approximately 360 metric tons was finalized last week. Dan Keefe, USGC manager of international operations for dried distillers grains, said this sale was not about quantity but more so about opportunity.

"This is the initial step in getting greater quantities of U.S. grain sorghum to our northern neighbors," Keefe said. "Realistically, this is a small amount of sorghum but it is a great beginning."

Keefe said U.S. sorghum has strong potential for growth in the Canada's marketplace due to its competitive price to local wheat and barley. Exporting sorghum, according to Keefe, is profitable for U.S. farmers; in the case of this transaction, the sorghum was priced higher than it was in South Dakota.

"The deal is finalized and the sorghum is set for a March delivery," said Jamie Williams, merchandiser for the Furst-McNess Company, which handled the logistics of the agreement. "This sorghum will be used primarily as bird feed but will also be used for livestock. I'm hoping this is a sign of good things to come for U.S. sorghum growers."

Permalink: Click here

Tagged: sorghum, wheat, barley

Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:

 = 
 
Search this site:   

Read More Stories
USDA Seeks Comment on Report Timing
Read this storyWith new market hours,USDA is looking into the right time to release information to the market.
Read this story

Weekend Forecast Changes Pivotal for Grain Futures
Read this storyEurope remains a concern, but the big driver on Tuesday will likely be the state of next week’s anticipated Midwest rains.
Read this story

Farm Markets Rise Ahead of Holiday
Read this storyOvernight boost based on positive comments from Europe aimed at pressuring Germany.
Read this story

 
USDA Seeks Comment on Report Timing
Afternoon Recap by Arlan Suderman
Weekend Forecast Changes Pivotal for Grain Futures
The Buzz: Grain Market Chaos Continues
Morning Call by Bryce Knorr
Satellite Imagery Shows the Good and the Bad
CRP Signup Results Announced
Weekly Fertilizer Review
Farm Markets Rise Ahead of Holiday
Livestock Call By John Otte
Top 50 Tags
4-H afternoon recap American Farm Bureau Federation American Soybean Association animal health arlan suderman biodiesel biofuels bryce knorr BSE Bushel checkoff cotton Drought Environmental Protection Agency EPA ethanol Extension extension service farm farm bill Farm Bureau farm futures farm futures magazine farm futures market farm progress Farm Service Agency farmfutures farmfutures.com farming farmprogress.com fertilizer FFA free trade agreement Harvest insurance labor legal National Cattlemen's Beef Association National Corn Growers Association NCGA soybean soybean association soybeans SURE usda wheat winter wheat www.farmfutures www.farmfutures.com