The forecast for the U.S. sorghum supply from 2024 to 2028 predicts a declining trend. In 2023, actual supply stood at 8.5 million metric tons. Comparing the forecasted data, there is an anticipated decrease of approximately 4% from 2024 to 2025, 4% from 2025 to 2026, 4% from 2026 to 2027, and roughly 4% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years indicates an average annual decrease of approximately 3.3%.
Future trends to monitor include potential impacts of climate change on sorghum productivity, shifts in domestic and international demand, advancements in agricultural technology, and policy changes affecting agriculture and trade.
