Forecast: Maize Production at Farm Gate in the US

In 2023, US maize production at farm gate stood at approximately 55 billion Euros. The forecast from 2024 to 2028 indicates a steady growth, rising from 55.36 billion Euros in 2024 to 57.18 billion Euros in 2028. The year-on-year growth rates reflect consistent increases of around 0.82% annually. Over the five-year period, the compound annual growth rate (CAGR) is expected to be approximately 0.81%. This steady growth trend suggests a robust maize production outlook in the US.

Future trends to watch for include:

  • Potential impacts of climate change on maize yield and production costs.
  • Technological advancements in agriculture that could enhance yield efficiency.
  • Variations in global demand for maize affecting export potential and domestic market dynamics.
  • Policy changes related to agricultural subsidies and sustainability initiatives.

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