By ALICIA BOOR
On August 24, the CME will launch a grain sorghum basis futures contract.
The purpose of this contract is to provide an instrument that can hedge the price difference between sorghum and corn.
Dan O’Brien and Guy Allen at Kansas State University have conducted research to assess ‘why’ this new contract is needed and the implications of this new contract for the Kansas country elevator system.
Employees of the Kansas country elevator system interested in this topic are invited to attend this discussion, which will include ample time for questions and answers.
Lunch will be provided. There is no fee, but registration is required for lunch.
Date/Time: 11:00 am to 1:00 pm on Tuesday, August 11, 2026 Location: Great Bend Events Center, 3111 10th St., Great Bend, KS. Target Audience: Employees of the Kansas Country Elevator System who could trade the new CME grain sorghum basis futures contract. Producers interested in this topic are also invited to attend.
Agenda: 10:30 am to 11:00 am - Registration11:00 am to 11:05 am - Welcome, Dr. Brian Briggeman (Professor and ACCC Director) 11:05 am to 12:15 pm - Country Elevator Applications of CME Grain Sorghum Basis Futures Contract, Daniel O’Brien (Professor) and Guy Allen (Senior Economist, IGP) 12:15 pm to 1:00 pm – Lunch
To register for this meeting, go to agmanager.info/events.
If you have any questions, you can contact Rich Llewelyn at rvl@ksu.edu.
Alicia Boor is an Agriculture and Natural Resources agent in the Cottonwood District (which includes Barton and Ellis counties) for K-State Extension. You can contact her by e-mail at aboor@ksu.edu or by calling 620-793-1910