In 2023, the actual figure for corn feed and residual in the US stood at 143.8 million metric tons. The forecasted data from 2024 to 2028 reflects a steady increase, showing a gradual rise in volume from 144.67 million metric tons in 2024 to 148.34 million metric tons in 2028. Year-on-year growth rates indicate a consistent upward trend in corn feed and residual usage, with an average Compound Annual Growth Rate (CAGR) of approximately 0.6% over the five-year period.
Future trends to watch for include possible changes in agricultural policy, developments in corn production technology, and shifts in domestic and international demand that may influence corn feed and residual usage. Climate change impacts on agriculture and the economy could also affect future forecasts.
