The USDA's first cereal harvest forecast for the 2023-2024 campaign anticipates an increase in the production of all grains, primarily due to a 6% rise in corn harvest. The world wheat harvest is projected to reach 789.8 million tons, an increase of 1.5 million tons from the current campaign. The harvest of coarse grains is also expected to increase, reaching 1,509 million tons. Furthermore, the global corn harvest is predicted to rise to just over 1,219 million tons.