Forecast: Sorghum Stock Variation in Canada

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.

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