NIKE Women’s WMNS Lunarconverge Running Shoes Parent B01M13LAGH , Converse Unisex Kids’ CTAS Ox Rapid Fitness Shoes Parent B078NGNLPBPrada Women's 1E796I6GWF0J36 White Fabric Sneakers Parent B07HGHTMP2 , PUMA Women's Basket Heart Scallop Sneaker Black, 7.5 M US Parent B077SP5368 , CFP Womens Lovely Printed Professional Latin Practice Dance-shoes Comfort Prom Wedding Parent B01HP5PHIMMiyoopark Ladies Ankle Strap Crystals Satin Latin Tango Salsa Dance Shoes Bridal Wedding Sandals Parent B06Y36DPD9NIKE Women’s WMNS Roshe One Flyknit Trainers Parent B01F4P15C2 , Paul Green Women’s 4242391 Trainers, Grey, 4.5 UK Parent B071K922RSNike Air Max 1 Ultra City Collection Parent B01ETRYW62 , PLOT❤Baby Soft Sole Martin Warm Winter Sequins Snow Boots(Toddler/Little Kid/Big Kid) Parent B07HNGBDQ1Superga Women’s 2750 Polyvelvetstpastelcolorsw Trainers Parent B077TVLFGY , MINITOO Ladies TH056 Flare Heel Yellow Satin Wedding Ballroom Latin Taogo Dance Sandals 3.5 UK B01CX4Z5IC ParentNew Balance 590v2, Women’s Trail Running Shoes B01FSJDUUY Parent , Shimano Women’s Sh-wr35 Road Biking Shoes B006WG3BFC ParentTed Baker Women’s Azaila Ankle Boot B06XS4SHR5 Parent , Office Artillery Multi Buckle Flat Boots B07HC4TZY4 ParentSam Edelman Louie, Womens Boots B005LC80MW ParentClarks Women's Sillian Frey Black Synthetic Nubuck Boot 10 A - Narrow B01BLUIBEO Parent , Ladies Welly,Festival,Rain,Snow Animal Print Wide Wellies Wellington Boots B06XGZ7YH4 Parent , Kaloosh Women's Fashion Slip On Pointed Toe High Heels Warm Patent Leather Ankle Boots B07GH72VXF ParentQOIQNLSN Women'S Shoes Spring Comfort Heels Stiletto Heel White/Black / Pink B07GP3J972 ParentDiadora Parky Ii Low S1p, Unisex Adults’ Work shoes, Black (Nero), 9.5 UK (44 EU) B0185H5U9U Parent , 1TO9 Womens Bows Solid Pleated Urethane Pumps Shoes MMS06172 B07GNCCVGZ Parent , Easemax Women's Sexy Slip On Stiletto High Heeled Pointed Toe Court Shoes B0769QB35Q ParentSafety Shoes Black With Steel Cap- Size 11 B00L8PC4JQ ParentHeavenly Feet Sage White Sandals B01N9VR4H2 ParentAJUNR Work/Ladies Women's shoes flat sandals students sports shoes Velcro muffin sandals B07GRZYYVS ParentZHUDJ Beautiful Flowers High-Heeled Sandals With A Fine Hollow Club Shoes High-Heeled Sandals B07BQYRG5H ParentChinese Laundry Kristin Cavallari Women’s Leilani Wedge Sandal B075SQC12J Parent , JSHOE Women's Sexy Salsa Jazz Dance Shoes Ballroom Latin Tango Party Dancing Shoes High Heels,Red-heeled5cm-UK7.5... B078W7SMQQ 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.