The National Company of Agricultural Statistics (CONAB) and the US Department of Agriculture (USDA) expect a significant recovery in the corn production for the 2021/2022 harvest, making up for the losses from the previous year. The production drop was attributed to adverse weather conditions and delayed planting. The USDA anticipates a production increase of around 35% to 36% compared to the previous harvest, while CONAB forecasts a 10% to 15% rise. The reduction in corn production was a global issue, affecting countries like Ukraine, the European Union, Russia, and Argentina, with the total production expected to slightly increase by 6% in 2022.