Wheat excess feed cost in India is forecasted to increase steadily from 2024 to 2028, with values rising from 790 Euros in 2024 to 950 Euros in 2028. As of 2023, the actual cost was 750 Euros, indicating a rising trend in this sector. Year-on-year analysis shows a consistent increase of approximately 5% annually. The compound annual growth rate (CAGR) over the next five years is estimated at 5%, signaling an upward trend in feed cost pressures.
Future trends to watch for include:
- The impact of climate change on wheat production and pricing.
- Government policies affecting agricultural subsidies and export-import regulations.
- Technological advancements in farming that could alter wheat yields and costs.