The USDA’s Foreign Ag Service is projecting record corn production for Brazil as farmers try to meet domestic and global demand.
Combined 2022/23 corn production in Brazil is seen at 126 million tons, up 5% from the last guess and 8.6% on the year due to increased planted area and expectations for improved yields.
While there was no official breakdown, that’s expected to include a solid increase for Brazil’s second corn crop, the largest of the three and the source of most of their exports.
