Key Market Indicators
Canadian grain production is poised for steady growth, projected to reach approximately 66.6 million metric tons by 2028. This marks an increase from around 63.2 million metric tons in 2023, reflecting a compound annual growth rate (CAGR) of 0.8%. Since 1966, Canadian grain supply has consistently risen, averaging a year-on-year increase of 1.5%. In the global rankings for 2023, Canada secured the 10th spot, with France surpassing it with an identical production volume of 63.2 million metric tons. The top positions in global grain production were held by the United States, India, and Brazil, respectively, coming in at numbers 2, 3, and 4.
