Second Crop Corn Harvest Hits Record in Brazil

Brazil’s National Supply Company (Conab) has updated its projection for the second corn crop output in August as it approaches the end of the harvest. The production is expected to reach 87 million metric tons. If confirmed, that would be a record crop. Compared to 2021, there would be an increased output of 44%. 

The soybean harvest reached 124 million metric tons and was lower than expected due to dryness in the state of Mato…

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