In 2023, the corn supply in Canada stood at 20.31 million metric tons. Forecasted data reveals a steady increase from 20.62 million metric tons in 2024 to 21.85 million metric tons by 2028. Year-on-year, this represents a 1.49% growth from 2024 to 2025, a 1.48% rise from 2025 to 2026, a 1.46% increase from 2026 to 2027, and a 1.39% growth from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 1.52%.
Future trends to watch for include potential impacts of climate change on crop yields, advancements in agricultural technology, and shifts in domestic and international demand for corn. Monitoring these factors will be crucial for accurately predicting long-term supply trends.
