View monthly updates and historical trends for US Sorghum Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

Explore the dynamic factors impacting sorghum prices per bushel in 2023, influenced by weather, global demand, and trade policies, and learn how innovations in farming and geopolitical events contribute to market fluctuations for this versatile grain.

Learn about the current trends in grain prices per bushel, including the factors affecting corn, wheat, soybean, and sorghum prices in September 2021. Stay informed on the fluctuations in the grain market to make informed investment decisions and agricultural policies.

The decline in revenue for industry farmers during the current period has primarily been driven by high global stocks and fierce international competition, compounded by climate volatility and challenging trade dynamics. High stocks of wheat and coarse grains are pressuring prices downward despite record domestic food use and demand for animal feed. Intense export competition from regions like the EU, Russia and Canada exacerbates this issue, making it difficult for US producers to maintain profit. Compounding the problem are climate and weather volatility, with increased instances of droughts and heat waves reducing yields and hindering production. Trade headwinds, including retaliatory tariffs and a strong US dollar, are also constraining exports, diminishing the competitiveness of US grain globally. Overall, industry revenue has dropped at a CAGR of 1.2% since 2020 to reach an expected $13.2 billion after a decrease of 6.3% in 2025. In addition to these external pressures, input costs remain a significant challenge for industry farmers. The persistently strong prices for fertilizers, pesticides and seeds, alongside increased agricultural wages and labor shortages, have elevated production expenses, straining profit as grain prices drop. Smaller and mid-sized farms are particularly affected, facing negative returns and low cash receipts. Some operations may be forced into consolidation if they are unable to absorb high costs. While some input prices, such as fuel and agrochemicals, have eased from huge spikes earlier in the current period, overall expenses continue to surpass commodity prices, eroding financial stability and forcing many producers to seek USDA program assistance to mitigate these challenges. Looking ahead, the wheat, barley, sorghum, oats and rye farming sector is expected to gradually recover as global stocks stabilize and demand grows, expanding at a CAGR of 0.9% to reach $13.8 billion in 2030. Easing supply chain disruptions and stabilizing input costs are expected to support this recovery. Future weakening of the US dollar stands to improve export competitiveness, offering some optimism for US producers. However, the recovery will vary across segments, with those benefiting from strong domestic demand or value-added products rebounding more quickly than those reliant on bulk exports.

According to Cognitive Market Research, the global Air Seeder market size will be USD 10651.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.20% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 4260.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 3195.45 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 2449.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 532.58 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 213.03 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
The Rear Tow Seeder Bins category is the fastest growing segment of the Air Seeder industry

Market Dynamics of Air Seeder Market

Key Drivers for Air Seeder Market

Increasing use of sophisticated agricultural technology to Boost Market Growth

The increasing use of sophisticated agricultural technology in machinery is expected to propel the air seeder market's global expansion. One such example is the incorporation of automatic seeders, which help to improve farming precision while lowering the time and expense of sowing. It is anticipated that the growth of small and medium-sized businesses producing agricultural equipment would further expand the worldwide market for air seeders. These devices are widely used for planting seeds for row crops, including soybeans, corn, cotton, sunflower, and other legumes. The USDA's Crop Production 2021 Summary report anticipated that 15.1 billion bushels of maize, 448 million bushels of sorghum, and 4.44 billion bushels of soybeans will be produced.

Rising mechanization in emerging nations to Drive Market Growth

In the upcoming years, the air-seeder market is expected to be driven by rising mechanization in emerging nations. In developing nations, the rate of farm mechanization has increased due to labor, land, and water shortages. As farmers look to increase output and implement cutting-edge farming techniques, developing regions—especially those in Asia Pacific and Latin America—are seeing an increase in demand for contemporary agricultural equipment. In 2022, agricultural mechanization will make up 50–60% of agricultural mechanization in emerging countries like China and India, while it will make up over 95% in industrialized nations like the US and Japan. Total crop yields, grain crop yields, and cash crop yields all rise by 1.2151, 1.5941, and 0.4351%, respectively, for every 1% increase in mechanization. Furthermore, due to government programs encouraging agricultural modernization and financial aid for equipment purchases, these areas provide substantial growth potential for air seeder producers. Manufacturers can access these areas and grow their clientele by working with regional dealers and setting up a strong distribution system.

Restraint Factor for the Air Seeder Market

High initial expenses associated with acquiring and implementing air seeder technology will Limit Market Growth

The high initial expenses associated with acquiring and implementing air seeder technology may prevent its widespread use. Depending on its size and complexity, an air seeder can cost anywhere from tens of thousands to hundreds of thousands of dollars. It may therefore be difficult for smaller farms or those with limited resources to invest in this technology. In addition to its initial high cost, owning and operating an air seeder comes with ongoing costs. These costs include of maintenance, repairs, and fuel or electricity costs. For some farmers, these ongoing expenses can become a further deterrent to farming and can quickly accumulate. The high capital costs of this precise seeding technology may deter potential buyers, which would alter the market's overall dynamics. It is advised that industry participants and stakeholders use capable strategic planning to handle and manage these bud...