Between 2013 and 2023, US sorghum production experienced significant fluctuations, peaking in 2015 at 15.158 million metric tons and gradually declining since. By 2023, production stood at 8.1648 million metric tons, marking a notable downward trajectory. Year-on-year variations highlighted periods of substantial growth and decline: a 37.95% increase in 2015 and a subsequent -24.65% drop in 2017. CAGR trends further emphasize this volatility, with the most recent five-year CAGR at -2.51%.
Forecasting from 2024 to 2028 suggests a continued decline in sorghum production, with an anticipated average annual decrease of -1.92% and a cumulative reduction of 9.23%. By 2028, production is expected to be at 7.2336 million metric tons.
Future trends to watch for include:
- Impacts of climate change on crop yields.
- Advances in agricultural technology and practices.
- Shifts in domestic and international market demand.
- Policy changes in agricultural subsidies and trade agreements.
