07/22/2026 | Press release | Distributed by Public on 07/22/2026 08:31
WASHINGTON (July 22, 2026) - In response to CME Group's announcement of a proposed sorghum futures contract, National Sorghum Producers Chair Amy France, a Kansas farmer, issued the following statement:
"Today's announcement of a sorghum futures contract should be an exciting development for our industry. However, our responsibility is to look beyond the announcement and ensure the proposed product works for sorghum farmers. Significant questions remain.
Growers, through sorghum organizations like NSP, provided recommendations for more appropriate delivery points and other safeguards to support contract liquidity, but those recommendations are not reflected in the proposed CME product, which relies on a wheat-market model.
As implementation moves forward, we will continue advocating for improvements, seeking answers to outstanding questions and ensuring producers have the information they need to understand the product and its potential impact."
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About National Sorghum Producers
National Sorghum Producers represents U.S. sorghum producers and serves as the voice of the sorghum industry coast to coast through legislative and regulatory representation and education. To learn more about NSP, visit www.sorghumgrowers.com.