The forecast for barley feed and residual in the US indicates a declining trend from 1.24 million metric tons in 2024 to 1.07 million metric tons by 2028. Compared to the estimated data for 2023 where barley feed stood at 1.29 million metric tons, this represents a notable year-on-year decrease in usage. Specifically, the year-on-year variation is a decrease of approximately 3.2% in 2025, 4.2% in 2026, 3.5% in 2027, and 3.6% in 2028. This decline results in a compounded annual growth rate (CAGR) of -3.5% over the five-year period.
Future trends to watch include:
- Potential shifts in livestock feed preferences or advances in feed efficiency that could alter barley demand.
- Changes in barley production costs or yields due to climate impacts.
- Trade policies and international demand affecting domestic availability and price.
- Innovations and emerging substitutes that might impact barley’s competitive position in feed markets.
