The forecast for US soybeans export volume from 2024 to 2028 shows a gradual decline, with values decreasing from 48.4 to 47.79 million metric tons. This is a slight year-on-year decrease, with the most noticeable change expected to be -0.31% yearly. This trend contrasts with prior data from 2023, which serves as a benchmark. Over the five-year span, the compounded annual growth rate (CAGR) reflects a slight decline, emphasizing a gradual reduction in export volumes.
Future trends to monitor include changes in global demand, production shifts in competing markets, policy impacts, and climate change factors, which could affect yield and market competitiveness.
