The forecast for US swine production from 2024 to 2028 indicates a slight decline year-on-year, moving from 133.34 million heads in 2024 to 133.07 million heads in 2028. Each year shows a decrement of about 0.7 million heads. Compared to 2023, this reflects a consistent annual reduction with a compound average growth rate (CAGR) signaling a minor contraction. The trend suggests a steady decrease, largely influenced by varying market demands, trade policies, and potential changes in domestic consumption.
Future trends to watch include the impact of international trade agreements and domestic policies on swine production, potential technological advancements in farming practices, and shifts in consumer preferences toward alternative proteins, all of which could influence production volumes.
