As of 2024, Canada's sorghum stocks are forecasted to remain constant at 1.0 Thousand Metric Tons from 2024 to 2028. This represents a stable stock level, indicating no year-on-year variation and a 0% CAGR over the last five years, with historical stock levels for 2023 similarly at 1.0 Thousand Metric Tons.
Looking ahead, important trends to watch for include:
- Climate change impacts, potentially affecting domestic sorghum production.
- Shifts in Canadian agricultural policies which could influence crop rotation and availability.
- Global market demand changes, as sorghum can be utilized for biofuel, food, and animal feed.