The forecasted soybean yield in India from 2024 to 2028 is projected to remain constant at 0.91 metric tons per hectare. In 2023, the actual yield was also 0.91 metric tons per hectare, indicating a steady state with no year-on-year variation expected over the next five years. This suggests no compound annual growth rate (CAGR) as the yield remains unchanged throughout the period.
Future trends to watch for include potential impacts from changing climatic conditions, advancements in agricultural technology, and government policies aimed at enhancing productivity. Monitoring these factors will be crucial for any deviation from the projected stability in yield.
