In 2023, the value of sorghum payments per tonne in the US stood at 1.87 million euros. This figure is forecasted to remain stable over the next five years, from 2024 to 2028, without any variations from the 2023 actual value. Consequently, there is no year-on-year variation to analyze, as the payment value consistently remains at 1.87 million euros each year. The compound annual growth rate (CAGR) over the last five years is 0%, reflecting no change in payment values.

Future trends to watch for:

Potential changes in global demand for sorghum pushing prices upward.
Impact of climate change on sorghum production affecting supply and payment rates.
Policy shifts in agricultural subsidies which could alter payment structures.