Puma Trinomic XS-850 X Brooklyn We Go Hard BWGH Blue Mens Womens Adults Trainers 357032 03 D63 Parent B00RVX6C2E , DC Women’s Heathrow Low-Top Sneakers Parent B0719SXLFFMINITOO Ladies Velcro Rhinestone Black Leather Tango Latin Dance Shoes Evening Formal Party Pumps UK 5.5 Parent B0722KKPQW , Reebok Womens CL Lthr Fashion Sneaker, Us-Black, Varies, White, 8.5 UK F Parent B01HBY2708LvYuan ggx Women's Heels Slingback PU Spring Casual Slingback Almond Black White 3in-3 3/4in, white, us7.5/eu38... B074CXZTN8 Parent , NIKE Women’s WMNS Air Force 1 '07 Se Fitness Shoes B07G7G3D71 Parent , adidas Adizero Boston, Women's Running Shoes B010UTCMM4 ParentLaCrosse Woman Hampton 2 Purple Flower B00WR4EC6K ParentMr/Ms FIND Dali, Women’s Boots B073QSQ5NG Parent durability Elegant and sturdy packaging Various latest designsMen's/Women's XTI 47379 Boots Women B078MM1DHN Parent main category Win the praise of customers Acknowledgement feedback , AGECC Women’s Boots Comfortable Beautiful Durable Martin Boots With Thick Single Female British Style And East... B07HNXLB8W ParentBalaMasa Womens Fringe Chunky Heels Ankle-High Suede Boots ABL10599 B0792NH2LV Parent , Pinup Couture Tiki-100 - sexy high heels retro carved heel sandals 3,5-9, Size:EU-38/US-8/UK-5 B00A48GCA0 Parent , Seychelles Women's One Kiss Dress Pump B01L80YJNY Parent , Man's/Woman's Mustang Women’s 1259-501-259 Boots B071S2Y283 Parent Cheap Quality and quantity guaranteed best sellerGanter Women’s Sonnica-e Hs Gladiator Sandals B074P6Y95X ParentUnisa Women’s Coello_se Open Toe Sandals B076KS16Y4 Parent , MINITOO Women's Ankle Chains Chunky High Heel Ivory Satin Bridal Wedding Fashion Pumps UK 6 B07CQ4B7WG ParentDECJ Ladies Shoes Low Heel Shoes Nude Shallow Mouth Office High Heels Work Elegant Yellow/Red / Black/White,Brown... B07H18KFT5 ParentVulusValas Women Simple Chunky Heel Court Shoes B07F7B5Z1C ParentOdomolor Women's Buckle PU High-Heels Round-Toe Solid Pumps-Shoes, Red, 36 B07BBCVL59 Parent , AgooLar Women's Square-Toe Pumps-Shoes Studded Kitten-Heels Pumps-Shoes, GMDDB011963 B07HDYKPSK Parent , Sandals CJC High Heel Women's Lady's Shoes Open Toe Strappy Casual Street Daily wear Sexy B07D5JD6CG ParentSandalette, Navy by Patrizia Dini B017818I6G ParentFlat Sandals Slippers Outside The Sandals Sandals B073FHN88P ParentMen's/Women's Egoisimo Women’s 3025 Sandals B06XK3YLZJ Parent Great variety Strong value wonderfulMaterial Girl Womens Cadence Open Toe Casual Ankle Strap Sandals B07GP61CYY Parent , AllhqFashion Women's Soft Material Split Toe Low-heels Zipper Solid Sandals B01G87K00I Parent , Black Suede High Heels Sexy Vintage Round-Toe Ladies Shoes B074C6Q91P ParentCL by Chinese Laundry Women’s Imperial Wedge Sandal, Black, 6 M US B019K75PJE 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.