Will the Brazilian 2023/24 corn crop break the record of 2022/23?
Market Rules
Brazil had a record year when it comes to its 2022/23 corn crop, estimated at nearly 125,535.9 thousand tons of grains.
If the corn crop production of the Brazilian National cycle of 2023/24 (combining 1st, 2nd, and 3rd crops) exceeds 125,535.9 thousand tons of grains, this market will resolve to “Yes”. This market will be resolved according to the updated historical series of grains production published by Companhia Nacional de Abastecimento (Conab) at https://portaldeinformacoes.conab.gov.br/safra-serie-historica-graos.html.