November 25, 2024 - On November 20, 2024, China gave Brazil the go-ahead to begin exporting sorghum to Chinese buyers, a move which many found surprising as Brazil hardly exports the grain.
The United States has a dominant presence in the Chinese sorghum market, which is why the development could help gauge US-China trade relations going forward.
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Over the last several years US agricultural exporters have lost Chinese business to Brazil, and many market watchers feat this could continue if President-elect Donald Trump increased trade tariffs on China.
The US is the world's top exporter of sorghum and trade with China of sorghum last year brought in more than $1 billion.
The Global MillerThis blog is maintained by The Global Miller staff and is supported by the magazine Milling and Grain
which is published by Perendale Publishers Limited.
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