adidas Originals Women's NMD_R1 Trace Scarlet/White, 6 M US Parent B07BHKVGQPMonrinda Women Men Mesh Slip on Running Shoes Lightweight Elastic Running Trainers Breathable Multi Casual Walking... Parent B07CZ6G3P2 , Stonefly 110156 Sneakers Women Blue 39 Parent B07G7HTS62 , Diamant Damen Tanzschuhe 052-102-034, Women’s Ballroom Dance Shoes Parent B004Y4Y35QGola Harrier Cubed, Women’s Low-Top Sneakers Parent B018G1XR7CPUMA Women's Muse En Pointe WN's Sneaker, Purple Rose White, 8.5 M US Parent B076KPXYXC , Monie Women's 2.4" Modern Salsa Ballroom Latin Dance Shoes JF1119 Parent B01HBTM1AYNike WMNS Metcon 4 Womens 924593-004 Parent B07CYNT1FJ , KHSKX-Single Side Air Spring Buckle Shoes And Women Shoes Autumn New High-Heeled Shoes Female With A Fine Commuter... B077KXR9WY ParentKYDJ Women's Dance Shoes Leatherette Leatherette Latin Heels Flared Heel Practice Silver / Gold B0725HS3DN Parent , Asics Gel-Netburner Ballistic Women US 7 Black Running Shoe B00R1X9BTA Parent , Man's/Woman's Friis Corey, Women’s Sandals B008CEWX1K Parent quality Brand Sales online store , Demonia Women’s Emily-315 Boots, Black B01N5T3YGW Parent , CLARKS Women's Cabrini Bay Snow Boot, Aubergine, 9 W US B01MU5SDS2 ParentYouxuan Women's Winter Fashion Platform Flat Booties Zipper Girls Casual Walking Boots B01N3KHN7C ParentAisun Women's Stylish Mesh Round Toe Medium Chunky Heels Ankle Boots With Back Zipper B075BN547Z Parent , N5322 Pleasant Wood/Aqua Leather Woman 42 Mary Jane Buckle B076BZ8KNP Parent , XTI Botin SRA. C. Taupe, Women’s Heels B01JJ4BM9A Parent , Calaier Women cagep Pointed-Toe 4.5CM Block Heel Slip-on Court Shoes B07FSJZ5GM Parent , Congshua Court Shoes High Heels Sandals Womens Low Mid Heel Block Peep Toe Ladies Ankle Strap Party Strappy Shoes... B07GYZVBHN Parent , YIXINYI Court Shoe Women's Heels Comfort PU Spring Summer Casual Dress Comfort Imitation Pearl Stiletto Heel Gold... B07B8RTNLJ Parent , LES TROPEZIENNES Sandales Monaco Roses B074GWMT1P Parent , Tamaris Women’s 28038 Ankle Strap Sandals B078T3G8SH Parent , LYY.YY Women's T-Shaped Tassels Open Toe Sandals Color Matching Word with Snake Pattern Stiletto Platform Waterproof... B07G4R8QQL ParentBureBure Felted Wool Slippers for Women Handmade in Europe Turquoise Pattern B07BTG624P ParentSlippers HAIZHEN Women shoes 6.5cm Fashion Ladies Diamond Summer Cool (Brown, Black, White) for Women (Color :... B07B145WRF Parent , JANE KLAIN 81322 Sandals Metallic 7.5 UK B07C8C73QY ParentTAOFFEN Women Fashion Chunky Mules Sandals B07CQRJDKH ParentIGI&Co 1171 Sandals Women Black 38 B07DR2JQLS ParentXTI Sandalia SRA. C. Negro - Sandals per Women B00RKFF2C4 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.