The supply of sorghum in Brazil is forecasted to begin at 3.92 million metric tons in 2024, following an actual supply of 3.85 million metric tons in 2023. Year-on-year variations show steady growth: 2.0% from 2023 to 2024, 2.04% to 2025, 1.75% to 2026, 1.97% to 2027, and 1.93% to 2028. Over the last five years, the CAGR stands at a modest yet consistent 1.94%, indicating a stable upward trend in production.
Future trends to watch for:
- Potential impacts of climate change on sorghum yield.
- Shifts in global market demand for sorghum.
- Agricultural policy changes in Brazil affecting sorghum cultivation.
