Mixed grain production in Canada is projected to decline from 232.0 thousand metric tons in 2024 to 220.0 thousand metric tons by 2028. This represents a consistent year-on-year decrease, averaging about 1.29% annually. In 2023, the output was higher at approximately 235.0 thousand metric tons, indicating a downward trend in production over the forecast period. The compounded annual growth rate (CAGR) for 2024-2028 reveals a decline of about -1.32% per year.
Future trends to watch for:
- Climate change impacts affecting crop yield and quality.
- Shifts in global demand and trade policies influencing export opportunities.
- Advances in agricultural technology potentially boosting productivity.