The forecast for US soybeans yield shows a consistent increase from 2024 to 2028, starting at 33.95 thousand hectograms per hectare and reaching 34.96 by 2028. As of 2023, the actual yield was a baseline for these projections, reflecting anticipated incremental growth of approximately 0.71% annually. This upward trend indicates improved agricultural practices, technology, and potentially favorable climate conditions contributing to yield enhancement.
Future trends to watch for include:
- Impacts of climate change on yield variability.
- Technological advancements in crop genetics and farming techniques.
- Market dynamics and pricing affecting planting decisions.
