Forecast: Share of MPS Commodities in Total Value of Agricultural Production in the US

The forecasted share of MPS commodities in the total value of agricultural production in the US reveals a gradual decrease from 75.15% in 2024 to 74.59% in 2028. Comparing to 2023, where actual figures need to be referenced, the data indicates a slight but continuous decline. Year-on-year variations show small percentage decreases, with the average annual decline over this forecasted period (CAGR) being modest, suggesting a slow contraction within this segment of agricultural production.

Future trends to watch for include:

  • The impact of technological advancements and sustainable practices on MPS commodities.
  • Potential shifts in consumer preferences towards organic and non-MPS commodities.
  • Legislative changes and their consequent effect on agricultural policies and MPS commodity cultivation.

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