The forecast for corn consumption in Canada indicates a steady increase from 2024 to 2028, with consumption projected to rise from 5.57 million metric tons to 5.86 million metric tons. In 2023, the consumption stood at approximately 5.49 million metric tons. Year-on-year growth rates suggest a modest, consistent increase in demand for corn over the forecasted period.
Future trends to watch for include:
- Impact of climate change on corn production and supply.
- Changes in dietary preferences and potential shifts to alternative grains.
- Economic factors affecting agricultural policies and subsidies.
- Technological advancements in farming that could influence production efficiency.