Ash Ninja Star Trainers Black Metallic Knit & Navy Leather Parent B07HKQ8BN6 , adidas Originals Women's NMD_xr1 W Sneaker Trace Blue/Sesame, 11 M US Parent B06XP5PXCS , D.A.T.E. Women's Vertigo Stardust Dark Blue Laminated Nabuck Sneaker Parent B07HH3P52Z , Nike Free 5.0 Tr Fit 5 Print, Unisex Adults' Running Shoes Parent B000QWACFK , Lacoste Women’'s Carnaby Evo 217 1 Low Parent B01MSYY786 , Candice Cooper Women's Trainers Beige Beige Parent B07B8TKLPFZHZNVX Women's Shoes Nappa Leather Spring & Summer Comfort Heels Cone Heel Black/Almond B07GRR46Q4 ParentReebok Trainex Rb7755 Work Shoe B017UMT88K Parent , Ladies Black Satin Strappy Slip-On Peep-Toe Evening Shoes T-Bar Sandals Sizes 3-8 B07G5JRD64 ParentRieker Womens Doro Z3883 Ankle Boots B00801NKZ8 Parent , TAOFFEN Women's Boots Half Zipper B076X75XQ5 Parent , TuffRider Women's Starter Front Zip Paddock Boots B0035570LO Parent , Rockfish Women's Short Matt Wellington PR-19908 Purple Grape UK 6 19928 B07GFJQPLW ParentMan's/Woman's Cafenoir NMB542 Decolletè Women B01MRERFVR Parent Cheap Order welcome high quality product , Gentleman/Lady TMA Women’s Closed-Toe Pumps B074XFD54K Parent Excellent value Win highly appreciated Famous store , Skechers Equalizer Above All, Women Indoor Court Shoes B00NGXE8SS ParentAllhqFashion Women's Pu Assorted Color Round Closed Toe Low Heels Pumps Shoes with Bowknot B01JTYSNJC Parent , Odomolor Women's Low-Heels PU Solid Pull-On Pumps-Shoes, White, 42 B07BBFVVP1 Parent , Miz Mooz Women’s Maribel Platform Sandal, Beige, 36 EU B01A5QEVU8 ParentChinese Laundry Dirty Laundry Women's Beatbox Dress Sandal,Silver,7.5 M US B00ER1R5F6 Parent , XZGC Summer High Heels Sexy Dew-Toe Sandals Slotted For Women Shoes,3.5 UK, Black B07BT5ZNQY ParentWYYY Women's shoes summer Low heel block Retro Open toe Word buckle Metal decoration Thick bottom Low heels casual... B07FG1LMCY ParentMan/Woman Ellie Shoes Womens 601-jesse B002OFITES Parent Good world reputation a wide range of products Popular tide shoesRiva Cartier Striped Womens Casual Closed Back Sandals B06XBRTRV6 ParentFluorescent Shoes Women's round Head with Women's Shoes Flat low to Help Students Leisure Shoes , dark gray ,... B0779QCSR6 Parent , Aisun Women's New Two Buckles Medium Block Heels Sandals Shoes B07CP6PL55 Parent , 1TO9 Womens Oversized Solid Cold Lining Urethane Sandals MJS03118 B07DVJ7JDJ ParentAllhqfashion Women's Fabric Stripe Buckle Open-Toe High-Heels Sandals,FBULD014782 B07GZKSMP2 Parent , Man/Woman Ravel Huntsville RLP926 B00TH39FFW Parent Good design Impeccable fineWomen's Low Mid High Heels Ankle Strap Block Heels Sandals Sexy Pointed Toe Party Shoes B07FWPGRYP 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.