Brazilian agriculture supply agency Conab has slightly cut its forecast for the country’s 2017-18 corn crop by 120,000 mt compared with its November estimate and increased the soybean crop forecast by 1.6 million mt. Brazil harvest 92.22 million mt of corn in 2017-18, down from 92.34 million mt in the November report and a record of 97.84 million mt in 2016-17.