UV0055 New Ladies T-Bar Satin Low Kitten Heel Wedding Evening Sandals B07G6WBX36 ParentConverse Womens Ct All Star Specialty Mono Ox Trainers in Black Parent B016G1BWXKApepazza Women039;s Sports Shoes, Colour Silver, Brand, Model Women039;s Sports Shoes Rosalie Silver Parent B07BDLV21QRogelli Women's Gymnastic Shoes-Pink, Size 27 Parent B0042KL7F6 , George Oy Mushroom Pattern Sneakers Running Walking Shoes Slip On Casual Low-top Flat Trainers Jogging Shoes For... Parent B0784L7365 , MINITOO LD080 Womens Soft Sole Red Leather Modern Ballroom Practice Dance Shoes Sport Fitness Sneakers UK 4.5 Parent B06XGB6MKR , Beppi Unisex Adults' Sport 2146443 Fitness Shoes Parent B008X7244MSkechers Womens 11930 Low-Top Blue Size: One size fits all Parent B01D8TSKVAMINITOO Women's Chunky Med Heel Knot Silver Comfortable Dance Shoes 6.5 M UK Parent B00Y41VC0SBrooks Women’s Ghost 9 Running Shoes, Pink B017N00YE6 ParentWomen'S Sandals Club Shoes Leather Glitter Wedding Party &Amp; Evening Dress Stiletto Heel Rhinestone Satin Flower... B074L4BMTV ParentQOIQNLSN Women'S Shoes Nappa Leather Summer Comfort Heels Block Heel Black/Gray / Red B07GP6V113 ParentKPHY-Single Shoe High Heel 10Cm Multi Touch Sharp Pointed Grid Drill Thin And Shallow Mouth.Camel Color Thirty-Eight B07GXV4K9G ParentDiadora Women's Running Shoes Black Black B071R3BBBH ParentLuckyBB Women Sandals Summer Comfort Flip Flops Fashion Flat Gladiator Shoes B072V54KGD ParentWomens Shoes, Resplend Fashion Monochrome Rome Sandals Fish Mouth Shoes Pointed Low Heel Shoes B07G9VLZJL Parent , Roxy Women’s Castro Ankle Boots B01HNSWTRI Parent , Laufsteg München Women’s Hw161004 Ankle Boots, Gunmetal B01GEHN2FM Parent , 1TO9 Womens Boots Closed-Toe No-Closure Low-Heel Warm Lining Quilted Fashion Suede Cushioning Suede Boots MNS02007 B077912KX6 Parent , Women's Closed Toe Stilettos High Heels With Platform Summer Hollow Dress Pumps High Heel Court Shoes B07CB4QDKH ParentFranco Sarto Women's L-Calesta Heeled Sandal B01MSFEEYN Parent , New Arrival Hot-selling Summer Peep Toe Sweet Fashion Women's Sandals Thin Heel Pumps Princess High Heels Women... B012EVKGVA Parent , Carolbar Women's Fashion Sweet Flat Pointed Toe Loafer Court Shoes B07FYG2D42 ParentDonyyyy Women shoes with sloping heels B07D9FGQKC ParentOnewus Court Shoes With Kitten Heel For OL Working Shoes With Plus Size Available B0796TP9XH ParentOdomolor Women's Solid Frosted Low-Heels Pull-On Closed-Toe Pumps-Shoes, Pink, 35 B07BBFZTBT Parent , MBT Women’s Speed 17 Slip on W Sneaker B01M1O86X3 ParentSarahbridal Girls Evening Party Satin Low Heels Shoes Pointed Toe Bridal Wedding Shoe With Glitter Rhinestone... B075CKFHR2 ParentHoyvoy by Xti Women's 32665 Slingbacks Heels B0068XX1YA ParentRAZAMAZA Women Sweet Block Mid Heels Sandals B07FGWT3PY Parent

Following abundant rains last month, which eased crop damage caused by a drought, soybean and corn output in Brazil this year will drop less than previously forecasted, according to the Brazilian Ministry of Agriculture.

Brazilian farmers are expected to harvest 57.6 million tons of soybeans this year, compared with a February forecast of 57.2 million tons, the ministry's crop-forecasting agency said in a report released Monday. However production will fall from the 60 million tons of last year admitted Conab (National Suppliers Company).

Rainfall in the Midwestern states of Mato Grosso and Goiás helped crops hurt by a drought, said Silvio Porto, logistics director of Conab. The agency may increase its soybean-output forecast again next month to 58 million tons because of increased rainfall starting in January in the southern state of Rio Grande do Sul, he said.

"We were conservative in our forecast this month," Porto said at a news conference in Brazilian capital Brasí­lia. "We'll send our staff to the field to ensure our expectations that the rains in the South will help soybean output to improve even more."

Corn farmers will harvest 50.4 million tons, compared with a previous estimate of 50.3 million tons, according to Conab. Production will fall from 58.7 million tons last year. The estimates are based on a survey carried out from February 16 to 19.

"Rains occurred in a form sufficient to meet the needs of the principal crops and favor the filling of grains and the maturation of soybeans and corn," Conab said in the report.

Brazil is the world's second-biggest soybean producer after the US and among the leading corn producers.

Meanwhile press reports from São Paulo indicated that Brazil had purchased 25.000 tons of Russian hard wheat for delivery to Brazil's northeast in May, as Brazilian mills prepare to find alternatives to scarce Argentine wheat this year.

Apparently the Russian wheat was priced with a US$ 60 per ton discount on a cost-and-freight basis to US hard wheat, the sources said. Freight costs for shipment from the Black Sea are estimated at around 24 a ton, comparable with those from North America.

The Brazilian government and trade sources estimate Brazil will have to import between 1 million and 2 million tons of wheat this year from outside Mercosur.

Brazil's trade ministry has said it will zero out Brazil's common import tariff of 10% on wheat later in the year, as it did in 2008 when it allowed up to 2 million tons of wheat from outside Mercosur to enter Brazil tariff free through July 31.

Argentina typically supplies Brazil with 95% of its wheat import needs. But Argentina's most recent harvest was down by nearly half its previous year's output.

Brazilian trade sources believe the country could import around half of its extra-Mercosur wheat needs from Russia this season, with Canada likely to be the other source, due to the competitive prices of both origins compared with US hard wheat.

Brazil's northeast imports North American wheat fairly regularly to make up for hard wheat from Argentina. In 2008, most of the non-Mercosur wheat imports came from the US and some from Canada, totaling just over 1 million tons.

Brazil is largely self-sufficient in soft wheat production, used in cookies and crackers mostly, but still needs to add hard wheat to improve the quality of many bread flour blends offered in the country.

Mercopress

Tags:

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.