Argentina poised to fill global sorghum supply gap

Argentina is positioned to capture a significant share of the global sorghum market during the 2026/27 campaign due to projected supply shortages in the United States and Australia. The USDA expects U.S. production to drop by 35% to 7.21 million tons due to severe weather in Kansas, while Australia's ABARES predicts a 26% decline to approximately 1.9 million tons caused by drought.

China remains the primary driver of demand, seeking approximately 6.3 million tons of sorghum. Chinese markets specifically value the high tannin content found in Argentine genetics, which is essential for producing baijiu. While Brazil has begun scaling shipments to meet this demand, Argentina is projected to recover its production levels, with the Buenos Aires Grain Exchange estimating a harvest of 3.2 million tons and 1.5 million tons in exports for the 2026/27 cycle.

In local markets, such as Rosario, sorghum prices have reached $280,000.00, reflecting increased export demand and rising logistical costs. Despite competition from corn and soy, sorghum's resilience to adverse weather conditions continues to make it an attractive option for producers.