Brazil is expected to see a 17.4 percent increase in agricultural production compared to 2022, with a 5.2 percent increase in the area sown. Rice, corn, and soybeans will account for 92 percent of the expected production, with soybean production increasing by 24.5 percent to reach 148.8 million tons. Rice harvest, however, is expected to be lower by 5.8 percent, while rye yields are projected to increase by 7.1 percent, setting a new record for Brazilian rye production.