The US barley production is forecasted to decline from 2.86 million metric tons in 2024 to 2.52 million metric tons by 2028. In 2023, the production stood at 3.09 million metric tons. Year-over-year decreases begin at 3.15% for 2025 and gradually grow to 3.16% by 2028. The compound annual growth rate (CAGR) from 2024 to 2028 reflects a steady decline of 3.06%.
Future trends to watch for include:
- Impact of climate change on barley yields and quality.
- Shifts in domestic and international demand, particularly from the brewing industry.
- Advancements in agricultural technologies that could improve efficiency and sustainability.