In 2023, Australia's corn yield was approximately 7.61 Metric Tons per Hectare (MT/Ha). Forecast data from 2024 to 2028 show a steady increase: 7.69 MT/Ha in 2024, 7.77 MT/Ha in 2025, 7.84 MT/Ha in 2026, 7.91 MT/Ha in 2027, and 7.98 MT/Ha in 2028. Year-on-year variation over the last two years is stable, with a consistent increase around 1% annually. The compound annual growth rate (CAGR) over the next five years is roughly 0.97%, indicating a gradual upward trend in corn yields.
Future trends to watch for include advancements in agricultural technology, climate change impacts on crop production, and policy shifts affecting the agriculture sector. Monitoring these factors will be critical to understand the dynamics of corn yield growth in Australia beyond 2028.
