Brazil's corn yield in 2023 stood at 5.74 metric tons per hectare. The forecasted data over the next five years indicate a steady annual increase:
- 2024: 5.83 metric tons per hectare, a 1.6% increase year-on-year from 2023.
- 2025: 5.92 metric tons per hectare, a 1.5% increase from 2024.
- 2026: 6.01 metric tons per hectare, a 1.5% increase from 2025.
- 2027: 6.10 metric tons per hectare, a 1.5% increase from 2026.
- 2028: 6.19 metric tons per hectare, a 1.5% increase from 2027.
The compound average growth rate (CAGR) from 2024 to 2028 stands at approximately 1.6% per year.
Future trends to watch for include potential technological advancements in agricultural practices, climate change impacts, and possible fluctuations in global corn demand and prices, which could influence yield outcomes. Sustainable farming practices and government policies could also play significant roles in shaping these yield trends.
