Sorghum and DDGS Prices in US
The US Gulf Fob Prices of US No.2 corn for Jan - May 2009 delivery is ranging from $170-172 per MT. The prices of Sorghum at the same time is $159 - 167 per Mt for the same period. For January delivery the prices are lower by 6.4%. By the month of may the difference is only 3%.
DDGS prices have also slumped and currently indicative prices are $180-186 per MT delivered to SEA region, particularly to Malaysia and Vietnam.
Amit Sachdev
India Representative
U S Grains Council
bluecross303@gmail.com
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