In 2023, the wheat residuals in the US stood at an actual volume that sets the baseline for the projections ahead. The forecasted data from 2024 to 2028 shows a consistent year-on-year increase in wheat residuals, with the expected volume reaching 2.21 million metric tons by 2028. This indicates a steady growth pattern, with notable year-on-year percentage variations reflecting increasing wheat residuals projected annually. Over five years, the compound annual growth rate (CAGR) highlights the sustained upward trend in wheat residuals.
Future trends to watch for include potential impacts of climate change on wheat production, government agricultural policies, and technological advancements in agriculture, which could alter the projected growth of wheat residuals in the US.
