Forecast: Sorghum Production at Farm Gate in the US

As of 2023, the value of sorghum production at farm gate in the US stood around 1.51 billion US dollars. Forecasts indicate a stable to slightly increasing trend from 2024 to 2028, with values moving from 1.52 billion to 1.54 billion US dollars. Year-on-year variations are minimal, showcasing modest growth. The five-year CAGR from 2024 to 2028 suggests a very subtle average yearly increase, reflecting stable production levels.

Future trends to watch include:

  • Potential shifts in domestic and global demand driven by sustainable agriculture and biofuel markets.
  • Impacts of climate change on production areas and yields.
  • Technological advancements in farming practices that may enhance productivity.

Top Countries about Sorghum