In 2023, Canada's coarse grains production was approximately 27.04 million metric tons. The forecast indicates a steady increase in production, reaching an estimated 27.669 million metric tons by 2028. This represents a compound annual growth rate (CAGR) of around 0.43%. Year-on-year growth remains modest, reflecting stable production conditions.
Future trends to watch include:
- Climate change impacts on agricultural yield.
- Technological advancements enhancing agricultural efficiency.
- Shifts in global demand affecting export potential.
- Policies related to sustainable farming practices.
- Fluctuations in input costs, such as fertilizers and energy.
