adidas Advantage Vs W, Women’s Trainers Parent B01GTLGCBOFlower Flats Slip On Cotton Fabric Casual Shoes Comfortable Round Toe Student Flat Shoes Woman Plus Parent B072XGDZGF , MGM-Joymod Women's Peep Toe Cut-Out Leather Mid Heel Salsa Tango Samba Rumba Ballroom Latin Modern Dance Shoes... Parent B07FJNXH6NSkechers Women's On The Go City Plush Boots (7, Chestnut) B01LYSGXPN ParentKPHY-Square Head Rough And Slippers Summer Fashion Wear Leather Drag Medium And Cool Slippers.Forty Black B07GXW34DT ParentDansko Women’s Rosa Rain Boot, Green, 36 European US B01A0779II Parent , Womens Slipper ,Clode® [2017 Fashion] Ladies Girls Boho Casual Rhinestone Clip Toe Flat Flip Flops Slipper Sandals... B072P2NB2B ParentNine West Women's Cupcake Ankle Bootie B01LEFD4JI ParentTommy Hilfiger P1285aola 4a, Women’s Boots B071FNNBB4 Parent , ZHZNVX Women's Shoes Customized Materials Glitter Summer Novelty Comfort Sandals Platform Peep Toe for Wedding... B07DCNRY51 Parent , Womens's Shoes New Spring Fall Breathable Womens Girls Shoes,Academy Black Sneakers,Ladies Summer Little White... B07FY8JHQM Parent , AdeeSu Girls Color Matching Thick Bottom Heel Pull-On Soft Material Boots B06XYPNT6R ParentEasemax Women's Unique Block Mid Heel Round Toe Buckle Knee High Booties With Side Zipper B076JBFYF7 ParentGLC589 Harmony Black UK 6 EU 39 B074XKTP7Q ParentMen's/Women's Dunlop Protective Forestry Boots B00B8AD3ZA Parent online sale Medium cost renewed on time , Calaier Women's Camilk Boots beige Size: 7 UK B06XWQQGCS ParentMINITOO Ladies Hidden Platform High Heel Ivory Beading Slip-on Bridal Wedding Shoes UK 7.5 B07BBVNLSJ ParentAN Womens Spikes Stilettos Assorted Colors Sheepskin Pumps Shoes DGU00805 B07HKF5SWH Parent , High Heels Creative Sandals Platform Stiletto Heel Women Girls Ladies Suede Court Shoes Night Light Bar Party... B07HGPZTM2 ParentBuffalo Women’s C473a-1 P2010f Pu Patent Closed Toe Heels B077PCNJF6 Parent , MGM-Joymod Women's Stiletto Heel Pointed Toe Slip-on Metallic Crystals Fashion Elegant Club Pumps Formal Dress... B07H2T8DJB ParentAgooLar Women's Pointed Closed Toe Spikes Stilettos Assorted Color Pull On Pumps Shoes B01IJSC2XC Parent , Odomolor Women's Low-Heels PU Solid Buckle Round-Toe Pumps-Shoes, Pink, 42 B07BBN6BQS ParentLifeStride Women's Flaunt Dress Sandal B01LGSMQ24 ParentAngrousobiu Women Shoes Sandals Flat-Bottomed Rome Summer Flat Sandals Female Zipper Low With Retro Clip Pin National... B07DB5DPD8 ParentGAOLIM Women Shoes Sandals Sponge Cake Thick Women Shoes Wild Slotted Strap Shoes B07CC4TT9R Parent , yalanshop Side empty light of Baotou fine with slotted strap women's shoes sandals, red 918-9,eur38 B07BPSDW4H ParentWomen Sandals Buckles with Heel Pointed Thick Heel Fashion Trend B07D5CJS1Y Parent , SJJH Casual Shoes with Cross Straps and Low Rounded Toe All Match Shoes for Women B07C8GLVTY Parent , AdeeSu Womens Chunky Heels Peep Toes Microfiber Sandals SLC04460 B07GMYRWLC 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.