Brazil's State Supply Company, a subsidiary of the Ministry of Agriculture, raised its grain production forecast for 2022/2023 again to 312.5 million tons, up 15% from the previous year, local media reported. The expected yield of soybeans is 153.6 million tons, an increase of 22.4% over the previous year. Corn production is expected to reach 124.9 million tons, up 8.8 percent in the first quarter and 11 percent in the second.