Volcom Women's Lagos Dress Sandal B01I5MBY0E Parent , Pineapple Zoom Light Weight Hi Top Trainer Parent B011V2XAVQ , SHOESHAOGE Autumn Short Boots Female Yarn Stretch Boots Thick Soles Casual Wool Boots Female Women'S Shoes Parent B0753LL2MG , Alpina Women’s 680376 Low Rise Hiking Boots B01N55MQ4N Parent , AJUNR New/Fashion/Work/Ladies Single shoes women shoes tips fine with and versatile comfortable beige 6cm high-heel... B07D48C99H Parent , Nike Women's Air Huarache Run SE Running Shoe B074CC24F6 Parent , Youlee Women's Embroidered Flowers Side Zipper Leather Boots B01M0GO56X ParentDANDANJIE Women's Shoes Winter Comfort Snow Boots Flat Heel Round Toe Ankle Booties B07HH4DJ7X ParentMen/Women Vagabond Dioon, Women’s Boots B07149XJWK Parent High quality and low overhead Stylish and charming Cheap orderWomen Pump 15cm Stiletto 4cm Thick Platform Peep Toe Dress Shoes Wedding Shoes Charming Pure Color Sequins Bling... B078YRJPJD Parent , TAOFFEN Women's Tall Boots Side Zipper B077BH1FV9 ParentJIEEME Ladies Sexy Zip Stiletto Pointed Toe High Heels Black Gold Ankle Women Boots B07G9LHMNY Parent , Jessica Simpson Suella, Women’s Suella B0774NT6KQ Parent , Easemax Women's Retro Block Mid Heeled Square Toe Slip On Court Shoes with Bowties B07D5DW2B8 ParentCalaier Women's Cacloudy Court Shoes orange orange B06XWV196G ParentElobaby Women Wedding Shoes Bridesmaids Stiletto Satin Platform Peep Toe Rhinestones Buckle Dress/11cm Heel B07FHZ4VHB Parent , COOLCEPT Women Spring Mary Jane Court Shoes B078PDM2T6 Parent , Carolbar Women's Charm Fashion Bow Patent Mid Heel Court Shoes B01MXW7DRJ Parent , Odomolor Women's Pull-On Square-Toe Low-Heels PU Solid Pumps-Shoes, Black, 36 B07BBSBTVC ParentYMFIE Ladies' sandals summer pearls shallow pearls temperament Party balls high heels. B07D5XNJZ6 Parent , Shymamamiya Ethnic Style Retro Tassel Pendant T-shaped Bohemian Beaded Roman Sandals (Color : Black, Size : 38) B07FGW5QZ3 ParentDonald J Pliner Women's Watsonqd08 Heeled Sandal B07CC2TK31 Parent , ZPEDY Women's Shoes, Pointed, Matte, High Heels, Fashion, Comfort, Wearable B07HKVYPT9 ParentMaria Mare Women Sandals 67169 C3931 Negro B079P5FL4R Parent , Dirty Laundry Women’s Pippa Espadrille Wedge Sandal B07CZK8142 ParentSandals ZHIRONG Women's Summer Mid Heel Black Thick Bottom Ankle Straps Increase Shoes Roman Style Beach Shoes... B07CBNJY14 Parent , Tahari Womens Evalyn Leather Open Toe Casual Strappy Sandals B07DGRBG7K Parent , Coolcept Women Fashion Closed Toe Mules Sandals B07DKJ6Y88 Parent , Softline Women’s 28160 Wedge Heels Sandals B01N9619SB Parent , Adult Games Women New Summer Shoes Slippers Female Fashion Shoes Beach Sandals Shoes Slippers Sandals B07H2J74DV 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.