CME to launch sorghum basis futures amid surge in biofuel demand

22nd July, 2026

Aravind Bulusu

The Chicago-headquartered exchange group said the new basis contract allows traders to hedge volatility in price difference between sorghum and corn, two types of grain used in animal feed as well as ethanol feedstock.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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