According to USDA-FAS GAIN report BR2022-01 released January 31st, Brazil will harvest a record grain crop. Corn was planted over 56 million acres for the 2022-2023 season with a projected volume of 125.5 million metric tons (4,940 million bushels), up eight percent from the market year 2021-2022. USDA estimates that 38 percent of the crop will be exported.