The Brazilian Agency for Supply (Conab) forecasts a new maximum harvest of grain and oilseed crops in Brazil for the 2024/25 agricultural year, with a total of 326.9 million tons. Soybeans are expected to make up the majority of this figure, with a record-breaking harvest of 166.3 million tons. The corn harvest is also projected to increase by 3.6 percent from the previous year, reaching 119.8 million tons. However, Conab has not provided estimates for the harvest of other grain and oilseed crops.