Forecast: Millet Losses in the US

The millet loss forecast in the US shows a stabilization from 2024 through 2026, with losses remaining constant at 17 thousand metric tons. In 2027, an increase to 18 thousand metric tons is observed, which remains stable through 2028. By comparison, actual losses in 2023 were 16 thousand metric tons, indicating a slight upward trend. Over the 5-year period, the forecasted compound annual growth rate (CAGR) suggests minimal yearly increases in millet loss.

Future trends to watch for include climatic changes impacting crops, policy shifts in agricultural subsidies, and technological advancements in crop protection, which could significantly influence millet loss projections.

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