The forecast for U.S. sunflowerseed meal production from 2024 to 2028 remains constant at 265 thousand metric tons annually, indicating no year-on-year growth. In 2023, the production stood at 265 thousand metric tons as well, showing a stable market with no change over five years. This suggests a stagnant industry, with the Compound Annual Growth Rate (CAGR) registering 0% from 2024 to 2028.
Future trends to watch:
- Potential shifts in agricultural policy impacting crop production.
- Variations in domestic demand or international trade agreements.
- Technological advancements in agricultural practices that might increase productivity.