The soybean production in the US is projected to grow steadily from 126.94 million metric tons in 2024 to 131.34 million metric tons by 2028. Comparing to 2023, where production was yet to be defined in this context, the forecasted growth demonstrates a consistent annual increase of approximately 1% year-on-year. The compound annual growth rate (CAGR) over the upcoming five years (2024-2028) is estimated to be around 0.85%.

Future trends to watch for:

Technological advancements in agricultural practices could further enhance yield efficiency.
Weather patterns and their impacts on planting and harvest could significantly influence production volumes.
Global demand fluctuations and trade policies may affect output scaling and economic viability.