In 20021year, China's sorghum imports nearly doubled compared with the previous year, reaching 942 tons, and the total import volume increased by 16 1.8%.
In 20221-February, China's sorghum imports1590,000 tons, a record high in the same period in history. In terms of spot price, on March 8, 2022, some traders quoted about 2840 yuan/ton of sorghum imported from the United States. So, what will be the price forecast of sorghum in 2022?
Forecast of sorghum price trend in 2022
The price of sorghum in 2022 should be similar to that in 20021year. We know that the latest price of sorghum in 20021year is around 1.85-3.5 yuan.
However, the price quotations of different varieties and regions will be different. For example, the price of red tassel sorghum is higher than that of ordinary sorghum.
According to the latest quotations from various places, the price of red tassel is 3-4 yuan per catty, while ordinary sorghum can only be sold to 1.5 yuan per catty.
Effect of sorghum planting area on market
In recent years, with the increasing demand of domestic consumers for sorghum, the planting area of sorghum has been expanding, from 470,000 hectares in 20 16 to 6 1.88 million hectares in 20 18.
It is understood that in recent years, due to the large market demand, the purchase price of sorghum has been increasing. In 20021year, affected by the high price of sorghum, it is estimated that the planting area of sorghum will reach 840,000 hectares.
It is understood that the income of sorghum planting in Chifeng, Inner Mongolia and Jianping, Liaoning is not as good as that of corn and millet. According to the calculation, the theoretical income of red sorghum planting in Chifeng, Inner Mongolia is 6 10 yuan/mu, which is 36.32% lower than the same period last year.
Affected by this, the sorghum planting area will be less than 202 1 year in 2022. However, in 20021/22, the planting income of waxy sorghum was good, and the planting area of waxy sorghum in Liaoning and Chifeng, Inner Mongolia will increase. It is estimated that the sorghum planting area will decrease by 4.76% to 800,000 hectares in 2022.
Prospect of downstream application market of sorghum
The downstream of sorghum in China is mainly divided into seed and edible, brewing industry and feed industry. Among them, the consumption in the feed field accounts for the most, accounting for 75.5%. Followed by food consumption, accounting for12.6%; Sorghum for brewing is only 10.8%.
In recent years, the research on deep processing of sorghum at home and abroad has developed rapidly. In addition to traditional use as staple food, brewing liquor, beer and feed, various processing uses of sorghum are also explored.
For example, sweet sorghum stalks are used to make wine, forage sorghum is used as silage and green feed, sorghum is used to produce alcohol, and sorghum shells are used to extract pigments. Or extract starch from sorghum seeds to produce sorghum bread, sorghum dessert and so on, so the prospect of sorghum deep processing is still good.
How much profit is there in planting sorghum per mu?
Sorghum can get 700-900 Jin per mu, calculated according to the current market price 1.5-2.5 yuan Jin. Planting sorghum can earn 1050-2250 yuan per mu.
In the process of planting sorghum, sorghum seeds, land lease fees, chemical fertilizers and pesticides are needed, which is basically the cost of 800 yuan per mu.
This also shows that the profit of sorghum planting per mu is 250- 1450; However, if the planting area is large, the profit of sorghum planting is also quite high.