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Green Plains Inc. Message Board

  • elahens elahens Apr 3, 2013 11:36 AM Flag

    Drought leads to more sorghum

    I supsect more than PEIX wil be lowering their feedstock costs by mixing 20% sorghum with corn. Not just the cost but also the 'Advanced Biofuel' credit incentive.

    Not yet included in GPRE forecast. or numbers.

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    That does seem to be the case. Total grain sorghum acreage in the March 28 planting intentions report came in at 7.62 million acres--a 22 percent increase from 2012 and 39 percent more sorghum acreage than 2011's intentions report.

    Within this total, there are some hefty increase state by state. On a percentage basis, Missouri's sorghum intentions total is 69 percent higher than a year ago; Nebraska, up 52 percent; Colorado, up 35 percent; Texas, up 30 percent; Arkansas, up 21 percent; Georgia, up 18 percent; Kansas, up 16 percent; and South Dakota, up 15 percent.

    Perhaps a more significant number, though, is the actual acreage number. Kansas and Texas are the top two sorghum-producing states, combining for close to 80 percent of the crop. And in those two states, more than 1 Million acres have been added to the grain sorghum total--400,000 in Kansas (2.5 Million 2012, 2.9 Million 2013) and 700,000 in Texas (2.3 Million 2012, 3.0 Million 2013). Other states had these increases: Colorado 85,000 acres; Nebraska 75,000 acres; Missouri 45,000 acres; and South Dakota 30,000 acres.

 
GPRE
23.05+0.11(+0.48%)3:22 PMEDT