Agroconsult has raised its forecast for the second corn production for 2022/23 in Brazil by +5.2 million tons to 102.4 million tons (+16.5 compared to 2021/22).
According to Abiove's forecast, soybean exports from Brazil in 2022/23 will be 95.7 million tons (+2 compared to the previous estimate and +17 compared to 2021/22).
According to information from negotiations to extend the grain deal, it will most likely be extended, but Russia appears to have been given significant preferences that some participants do not agree with
