The average yield of beans in Canada is projected to increase steadily over the forecast period from 2024 to 2028. Starting at 2.53 thousand kilograms per hectare in 2024, the yield is expected to rise to 2.63 thousand kilograms per hectare by 2028. This indicates a consistent upward trend in productivity. The 2023 yield stood at 2.50 thousand kilograms per hectare. Year-on-year growth shows moderate increases: by 0.79% from 2024 to 2025, 1.18% in 2026, 0.78% in 2027, and 1.15% in 2028. The compound annual growth rate over this period is expected to be around 0.93%.
Future trends to watch for include potential impacts from advancements in agricultural technology, climate change effects on crop production, and market demand shifts for Canadian beans. Monitoring these variables will be essential in accurately predicting future yields and planning accordingly.
