Corn output dips as producers switch to more profitable crops.

Rain, export tax contributing to the 2021-22 decrease.

Drought is impacting spring wheat production. 

Net revenue jumps 41% in second quarter.

It is the first country to approve the genetically engineered version of the commodity.

Since 2014, the protocol has allowed the US to export 100 million tonnes of verified sustainably sourced soy. 

Exports also expected to be higher than last year.

Country plans to prohibit rye exports and limit wheat and barley exports for feed. 

Purchases from outside of Brazil represent 25% of corn it is using as feed.