The forecast for U.S. soybean production from 2024 to 2028 indicates a steady increase in output, starting from 109.05 million metric tons in 2024 to 112.26 million metric tons by 2028. Compared to 2023, where production was X million metric tons, there's a consistent year-on-year growth averaging around 0.7% annually over this forecast period. The last 5-year CAGR is projected to be approximately 0.7% as well, suggesting a relatively stable upward trend in production.

Future trends to watch for include:

Technological advancements in agriculture that could boost yields.
Market demand fluctuations influenced by export markets, particularly China.
Environmental and regulatory impacts, such as climate change and sustainability policies, affecting production capabilities.