The forecasted data for sugar cane losses in the US from 2024 to 2028 suggests a steady increase in losses, starting from 965.0 thousand metric tons in 2024 to 995.0 thousand metric tons by 2028. Comparing this with the actual value in 2023, the year-on-year variation shows an increase in losses, reflecting a potential upward trend. The cumulative average growth rate (CAGR) over the next five years indicates consistent escalation in losses.
Future trends to watch for:
- Climate change impacts on crop yields and its exacerbation of losses.
- Advances in agricultural technology aimed at reducing crop losses.
- Policy changes and government interventions in agricultural support.
- Market fluctuations and their effect on sugar cane production strategies.
