The forecast for corn feed and residual in China indicates steady growth over the next five years, increasing from 229.12 million metric tons in 2024 to 252.94 million metric tons in 2028. Comparatively, in 2023, the value stood slightly lower, highlighting a positive trend line. The year-on-year percentage increase suggests a gradual rise, with the last two years showing consistent growth, and the CAGR over this period reflects sustained expansion.
Future trends to watch for include:
- Possible shifts in domestic agricultural policies that could affect corn production and import strategies.
- Impacts of climate change on corn yield and supply chain dynamics.
- Demand fluctuations from the livestock sector, influencing feed requirements.
- Technological advancements in agriculture that might enhance productivity.
