Analyzing the forecasted corn supply in Brazil, the corn production is expected to increase steadily year-on-year from 2024 to 2028. The values project a growth from 140.93 million metric tons in 2024 to 163.66 million metric tons in 2028. Additionally, reflecting back to 2023, the corn supply stood at 137 million metric tons.
Year-on-year percentage variations show consistent growth:
- 2024: 2.86%
- 2025: 4.09%
- 2026: 3.90%
- 2027: 3.72%
- 2028: 3.54%
On average, the compound annual growth rate (CAGR) from 2024 to 2028 is approximately 3.62%.
Future trends to watch for include climate change impacts on crop yields, technological advancements in agriculture, and potential shifts in global demand for corn that could influence Brazil’s production strategies and international trade dynamics.
