In 2023, Canada's mixed grains' average yield stood at approximately 2.65 thousand kilograms per hectare. The forecast from 2024 to 2028 suggests a downward trend, with a slight year-on-year decrease of around 0.38% from 2024 to 2025, followed by a consistent annual decline, resulting in a 1.14% reduction by 2028 compared to 2024. The compound annual growth rate (CAGR) over this period is projected to be negative, reflecting diminishing yields.
Future trends to watch for:
- Impact of climate change and extreme weather patterns on crop yield.
- Technological advancements in agricultural practices aimed at increasing yield.
- Potential shifts in global grain demand influencing domestic agricultural policy.