US No. 2, Gulf export averaged $189.5/t in August 2020, +28% over twelve months and +32% over ten years. The nominal all-time high was $302.5/t in August 2011; in 2024 dollars the real peak was $918.3/t in October 1974. Monthly averages, World Bank Pink Sheet.
Converted from USD at the latest available monthly average rate (Federal Reserve via FRED); the chart and tables below stay in USD.
US No. 2, Gulf export
Dashed lines: OPEC oil embargo (Oct 1973); Iranian Revolution (Jan 1979); Iraq invades Kuwait (Aug 1990); Asian financial crisis begins (Jul 1997); September 11 attacks (Sep 2001); Lehman Brothers collapse (Sep 2008); Fukushima Daiichi nuclear accident (Mar 2011); OPEC holds output steady amid oversupply (Nov 2014); COVID-19 declared a pandemic (Mar 2020). Hover a line for the source of its date.
Derived price statistics per series
Series
Latest
1 month
12 months
5 years
10 years
20 years
All-time high (nominal)
All-time high (real, 2024 US$)
US No. 2, Gulf export $/t, since 1960
189.5 August 2020
+8%
+28%
+3%
+32%
+147%
302.5 August 2011
918.3 October 1974
Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.
Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how sorghum is priced.
Monthly sorghum prices by decade
Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.
US No. 2, Gulf export ($/t)
US No. 2, Gulf export monthly prices, 1960s, $/t
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1960
39
39
35
35
35
36
39.9
39
35
35
35
36
36.57
1961
38
39
39
38
42
45
45
44
45
40
41
41
41.42
1962
44.5
44.5
45.6
46.5
47.2
47.2
44.3
42.6
42.6
42.8
43.4
45.2
44.7
1963
46.5
47.2
47.2
46.3
46.5
48.3
48.4
47.8
48.9
49
49
49
47.84
1964
49.6
49.9
49
48.1
48.1
47.4
47.4
47.6
48.5
47.4
47.2
48.7
48.24
1965
49.8
49.8
48.9
47.8
47.8
47.8
47.8
47.4
47.4
46.5
46.3
47.6
47.91
1966
47.6
48.5
47.4
47
47
46.7
47.2
50.5
51.6
48.7
49.4
51.4
48.58
1967
52.9
52.9
54.9
54.2
54.5
52.9
52
50.3
49.6
49.4
48.9
50.3
51.9
1968
55.6
58.1
57
57
53.1
51.3
49.8
46.9
47.3
48.8
52
53.9
52.57
1969
53.2
54.1
53.1
51.9
49.9
49
51.5
54.2
56.8
57.4
57.5
56.5
53.76
US No. 2, Gulf export monthly prices, 1970s, $/t
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1970
51.8
51.8
51.8
51.8
51.8
51.8
51.8
51.8
51.8
51.8
51.8
51.8
51.8
1971
55.8
55.8
55.8
55.8
55.8
55.8
55.8
55.8
55.8
55.8
55.8
55.8
55.8
1972
53.1
53.5
53.6
53.7
51.5
49.8
51.9
54.9
58.2
56.9
62
75.8
56.24
1973
81.4
78.5
76.3
74.5
78.5
87.3
99.7
113.3
105.8
109.2
106.7
109.6
93.4
1974
115.8
121.3
113.5
103.1
95.9
93.7
116
127.9
128.7
149.3
146.2
140
121
1975
118.8
109.1
111.1
111.6
110.1
105.8
103.4
122.4
118.2
114.8
108.9
108.3
111.9
1976
108.6
110.1
110.5
107.8
107.8
109.5
113
101.3
105.9
98.1
93.5
96.5
105.2
1977
99.7
99.5
98
93.6
91.7
84.2
80.3
75.7
76.8
81
90
89.9
88.37
1978
88.4
89.9
95.6
101.1
101.8
97.1
90.6
88
87.3
93.8
96.5
96.1
93.85
1979
97.1
97.8
99.2
98.3
100.5
109.5
118.9
111.4
112.6
116.2
117.7
118.2
108.1
US No. 2, Gulf export monthly prices, 1980s, $/t
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1980
111.5
118.3
114.6
114.5
116.5
119.4
133
143
141.8
142.9
148.4
142.4
128.9
1981
146.7
142.7
141
140.6
139.8
127
123.6
116
109.1
105.9
112.1
111.9
126.4
1982
116
112.7
112
114.6
116.7
110.5
102.7
100.3
97.1
97.9
110.2
111.6
108.5
1983
114.6
121
124.3
132.1
133.4
127.4
125.1
136.3
135.5
132.1
132.3
130.9
128.8
1984
129.5
125.7
130.8
129.5
131.9
128.3
111.4
107.2
104.8
101.3
106.7
111.1
118.2
1985
114.7
112.6
117.3
118.4
115.2
105.3
99
89.1
81.6
87.6
95.7
99.6
103
1986
98.3
95.2
94.5
98.7
106
85.8
73.4
62.5
64.5
69
72.4
68.7
82.42
1987
68.2
67.7
73.8
72.1
77.7
76.4
72.2
67.2
68.7
74.1
78.1
77
72.77
1988
80.5
84.1
84.8
81.7
81.4
114.6
116.9
109.8
109.8
108.7
101
108.3
98.47
1989
110.1
110.1
110.1
108.2
111.6
104.6
103
100.1
102.9
102.7
103.8
104.2
105.9
US No. 2, Gulf export monthly prices, 1990s, $/t
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1990
101.9
100.8
103.4
109.9
111
111
109.2
104.8
98.3
97.8
98.2
101
103.9
1991
105.1
106.4
109.9
109
102
98
99.4
105.5
106.2
107
105.5
107.4
105.1
1992
111.6
116.7
120.2
109.4
108
104.7
95.9
93.7
93.8
91
92.4
95.8
102.8
1993
95.2
94.5
95.4
95.1
93.2
88.5
96.2
98.5
97.2
100.9
113.8
119.9
99.03
1994
121.9
119.2
114.3
107.8
106.2
105.7
93.8
95
91.8
92.4
97.7
100.6
103.9
1995
101.7
102.1
102.7
103.3
108.1
112.8
119.1
118.7
127.3
137.1
141.8
153
119
1996
154.3
159.8
165.8
188.7
185.8
174.9
163.6
152.5
130.4
113.3
105.6
105.8
150
1997
105.7
111.2
119.7
118
114.2
104.3
96.2
104.1
106.8
112.8
112.3
110.2
109.6
1998
111.4
111.7
110.5
103.9
100.8
96.5
95.4
91
85
87.7
92.2
90.2
98.02
1999
91.1
90.1
91.4
89.5
87.2
86
76.9
81.6
80
78.4
79.4
81
84.38
US No. 2, Gulf export monthly prices, 2000s, $/t
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2000
89.3
89.9
91.7
90.6
95
79.8
73.7
76.8
82.7
89.9
96.1
100.5
88
2001
101.1
97.7
95.6
94.3
94.8
89.5
94.5
95.1
94.6
95
94.7
95.9
95.23
2002
95.4
92.9
91.7
88.9
89.8
88.7
100.8
113.8
117
113.6
115.1
113.3
101.7
2003
110.8
109.2
106.8
106.8
105
97.6
89.8
104.1
109.1
108.3
114.2
116.8
106.5
2004
121.7
126.2
130.2
128.6
118.6
115.9
96.7
103.1
99.7
93.8
92.3
90.7
109.8
2005
90
92.3
96.4
93
96.2
97.1
105.6
100.1
97.4
97.4
92.6
96.6
96.22
2006
100.6
106.1
103.7
109.4
113.8
111.9
120
114.4
119.5
138.2
167.1
170.6
122.9
2007
175.1
180.6
170
149.5
150
154.8
138.5
150.3
163.3
163.2
170.1
187
162.7
2008
212.7
218.5
224.9
240.3
238.2
262.2
218.8
209.3
216
163.6
150.8
138.6
207.8
2009
153.3
144.1
138.6
154.1
160.1
153
133.8
142.4
141.8
159
166
166.3
151
US No. 2, Gulf export monthly prices, 2010s, $/t
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2010
161.8
154.1
154.7
149.4
147.3
131
132.4
143.4
184.9
201
203.2
221.6
165.4
2011
246.3
253.2
266.1
289.6
261.3
260.4
271.2
302.5
288.8
263.7
265.4
256.4
268.7
2012
265.7
269.2
274
254.9
259.4
263.9
268.6
273.3
278.2
283.1
289
284
271.9
2013
291
288.1
296.7
269.2
273.6
236.8
220
220.6
216.9
205.2
195.2
205.9
243.3
2014
210.2
221.1
234.4
232.4
220.7
204.7
193
191.4
180.6
195.2
213.8
227.3
210.4
2015
215.1
217.7
227.7
224.2
217.4
221.1
222.9
183.5
173.6
177.5
169.1
169.8
201.6
2016
164.9
164.9
160.5
162.3
158.5
166.7
145.2
152.7
145.4
148.7
144.3
153.1
155.6
2017
156.2
157.1
151.1
149.8
159.9
165
163.7
169.9
169.8
171
167.7
175.2
163
2018
178.5
187.4
181.2
178.6
178.6
161.9
147.5
165.6
163.6
159
157.5
163.8
168.6
2019
162.9
170.4
169.3
165.5
165.5
157.7
159.5
147.9
149.7
163.8
161.9
163.9
161.5
US No. 2, Gulf export monthly prices, 2020s, $/t
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2020
166.2
164.1
164.4
166.7
175.9
170.9
174.9
189.5
171.6
Method
Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.
Cite as: Commodity Origins, "Sorghum price history (1960–2020)", https://commodityorigins.com/prices/sorghum/, data 2026-10-02. Data updated 22 October 2026.
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