Converse Women CTAS Brush Off Leather 553307C Sneakers Parent B01IMU5T7Iadidas Originals Women's Campus W Parent B071S6SSRCReebok Women’s Sublite Xt Cushion 2.0 Mt Running Shoes Parent B01MS025ZMGiuseppe Zanotti Design Women's RW80010001 Black Leather Sneakers Parent B07HB3C88WLove Moschino Womens Canvas Espadrille Parent B078ZKXFH1 , Katy Perry Women’s The Sprinkle Sneaker Parent B0752Y1RZGLora Dora Womens Metallic Cage Sliders B07DTFYK77 Parentadidas Sprintstar W Hiking Shoes, Women B078TBGSWJ ParentGAOLIM In The Spring Of Women'S Shoes Waterproof Taiwan Thick With Slotted Round Head Light-Thick With High-Heeled... B07CLNZKR9 Parent , ASICS 1012A185 Women's GT-Xpress (D) Running Shoe, Carbon/Soothin Sea - 8 D US B077NGYCTV ParentRemonte Women’s D8270 Biker Boots, Black, 5 UK B071CY8SVX Parent , CUTEHEELS Women Over The Knee Stretch Boots B07GS3DT2X ParentRFF-Women's Shoes Autumn girl student Knight high boots belt buckle boots fashion with boots B07769HCQX Parent , Aisun Women's Sexy Round Toe Side Zipper Chunky High Heel Ankle Platform Booties B0759QDN59 ParentMINITOO GYAYL457 Womens Stiletto High Wedge White Satin Evening Party Bridal Wedding Sandals Shoes UK 3.5 B074RKFXBV Parent , Evans Women’s Extra Wide Black Open-Toe Heels B06X6J8581 Parent , BalaMasa Womens Travel Novelty Solid Urethane Pumps Shoes APL11257 B07HKXZZNV Parent , Sunny Women's Extreme High Fashion Peep Toe Pumps Handmade for Wedding Party Dress Stiletto Slip On Shoes B07DGGG5DN ParentKPHY-Fine With Square Short Boots Winter All-Match Fashion Shoes High Heels Boots Boots Zipper After Martin B078761DZD Parent , Mustang Women’s 1260-601-259 Chelsea Boots B071VNLV7V Parent , AgooLar Women's High Heels Solid Buckle Round Closed Toe Pumps-Shoes with Charms B01KNXIXC0 ParentGRACE SHOES 3028 Decolletè Women B016Y0MWZA ParentAngel love beauty Women's Pointed Toe Rivets Straps Strappy Stilettos Heels Dress Party Sandals (Size : 5UK) B07FG1J735 Parentyalanshop Sandals Female Pointed High Heels Fine With Pointed Hollow Shoes B07FGX713C ParentSanuk Women’s Yoga Bliss Flip Flop, Spiced Coral, 6 M US B01MPZ75KN ParentWaldläufer Women's 408002 172 111 Fashion Sandals B01NA7CVYH Parent , JOE N JOYCE London Jeans Soft-Footbed Platform Sandals B077GDL55V ParentYUCH Ladies' Slippers with Sharp and Sharp Pearl Summer Sandals B07CBXG5FC Parent , MIA Women’s Saige Flat Sandal, Black B077715NZV Parent , MEILI Totem sandals high rough with a buckle color candy B07CZ13LX1 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.