Forecast: Net Operating Surplus in Agriculture, Forestry and Seafood in the US

The net operating surplus in the US Agriculture, Forestry, and Seafood sectors is forecasted to decline consistently over the next five years, from $51.91 billion in 2024 to $46.63 billion in 2028. This demonstrates a steady downward trend in these industries' profitability, as evidenced by a projected decrease of roughly -2.7% annually. In comparison, the surplus was higher in 2023, emphasizing the negative growth trajectory.

Future trends to watch for:

  • Impact of climate change and environmental regulations on production costs and profitability.
  • Technological advancements that could increase efficiency and offset declining surpluses.
  • Volatility in commodity prices and trade policies affecting export-oriented sectors.
  • Shifts in consumer preferences toward sustainable and organic products, influencing market dynamics.

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