The forecasted oilseeds losses in the US from 2024 to 2028 show a steady increase from 912.0 thousand metric tons in 2024 to 932.0 thousand metric tons in 2028. This indicates a year-on-year increase of about 1.09% on average. For context, in 2023, the actual figure for oilseeds losses was slightly lower, but specific data is required for precise comparison. The compounded annual growth rate (CAGR) over the five-year period stands at around 0.54%, suggesting a consistent albeit modest increase.
Future trends to monitor include:
- Impact of climate change on agricultural yields and subsequent losses.
- Innovations in crop management and technology aimed at reducing losses.
- Policy changes affecting agricultural subsidies and insurance.
