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Sorghum Trade Is Drying Up in U.S. After China Imposes Tariffs

  • Bids have almost disappeared in Gulf of Mexico, Scoular says
  • Prices for the grain are seen heading lower relative to corn
Young sorghum plants.

Photographer: Carla Gottgens/Bloomberg

Bids for sorghum in the Gulf of Mexico have almost disappeared after China’s decision earlier this week to impose a 179 percent tariff on U.S. imports, according to grain-handling company Scoular Co.

“There’s been very little trade,” Bob Ludington, who oversees Omaha-based Scoular’s North America grain and oilseed division, said in an interview Thursday. While some U.S. grain elevators are still bidding for sorghum, “nobody is looking” for it in the Gulf, he said.