Brazil's corn output this season will be the highest on record after farmers collect their second harvest in the coming weeks, commodities consultancy AgRural forecast on Wednesday.
The country's total corn production will likely reach a record 99.2 million tonnes in the 2018/19 season, AgRural said, a steep rise from the prior season, when production fell to 80.7 million tonnes because of a drought.
Brazil's second annual corn crop, planted after soybeans are harvested, is expected to rise to 69.5 million tonnes in the country's center-south farm belt, up from the 63.8 million tonnes forecast in April, according to AgRural.
The biggest Brazilian corn harvest to date was 97.8 million tonnes in the 2016/17 season.