Key Market Indicators
China's grains production is projected to climb to approximately 693 million metric tons by 2028, up from around 651 million metric tons in 2023. This represents an average annual growth rate of 1%. Historically, China's grain supply has been increasing at an average rate of 1.3% per year since 1966. This steady rise underscores China's position as a leading global producer of grains. In the global rankings, the United States, India, and Brazil follow China, taking the second, third, and fourth spots respectively in grains production.
