Safras & Mercado raises Brazil’s 2026/27 corn crop forecast to a record above 150 million tonnes

Safras & Mercado raised its forecast for Brazil’s 2026/27 corn crop to a record 151.7 million tonnes, around 6 million tonnes above its August estimate. The revision reflects a larger projected planted area, especially in the North and Northeast, and an expected recovery in second-crop yields after weather-reduced production in 2026.