Brazil's maize production is forecasted to grow steadily from 113.4 million metric tons in 2024 to 126.81 million metric tons in 2028. The growth reflects a consistent year-on-year increase, with a compound annual growth rate (CAGR) over five years. Notably, in 2023, maize production stood at approximately 110 million metric tons, highlighting an upward trend as Brazil continues to scale production capabilities.
Future trends to watch include:
- Impacts of climate change and weather patterns on yield and output.
- Technological advancements in agricultural practices enhancing productivity.
- Shifts in domestic and international demand influencing production incentives.
