FRYE Women's IVY Slip Black Polished Soft Full Grain 5.5 B US Parent B071X5BQ83Monie Women's Glittery T-Strap Ballroom Salsa Tango Dance Shoes 3" Flared-Heel Parent B01H935GC2H&W Womens Linen Grid Platform Sandals 4.5CM Velcro Ankle Strap Gum Rubber Soles B074DWCMC1 Parent , new gel cyber speed court trainers ice p173y Parent B01BE5D6TQNGRDX&G Women'S Espadrilles Lei Screen Mesh Cloth Shoes Casual Shoes Flat Shoes Women'S Summer Shoes Footwear Parent B07D7WVFWZImac 82550 D Sneakers Women Parent B0768R3QGW , Skechers Sport Women's Energy Sneaker,Black,6.5 W US Parent B000PGWJ58 , KPHY Women'S Shoes/Thin Spring Side Air Weaving Bow Tie Low Profile Shoes Work Shoes Women'S Shoes.Thirty-Five... B07FN7PWLX Parent , HUSK'SWARE Flashing Led Shoes Soft Comfortable Light up Sneakers for Toddlers Teens & Kids B07DD7MHCX Parent , KPHY-Autumn Martin Boots Retro Boots Female Workers Motorcycle Boots Desert Boots High School Shoes B077RSZRP7 Parent , AJUNR New/Fashion/Work/Ladies Women's shoes Single shoes Sharp head Rivet Apricot Shallow mouth Flat bottom Low... B07D9JGVNB Parent , YMFIE Women's fine with pointed patent leather fashion temperament high heels single shoes work shoes B07FXVJSQR Parent , Merrell Women's City Leaf Chelsea Snow Boot B01N1SZ1MO Parent , ILSE JACOBSEN Women Wellington Boots B006B0HQ4Q Parent , Havaianas Womens Conservation Open Toe Casual B0761YXZV1 ParentRieker Women’s P8280 Rain Boots B01F3K7Q8A ParentAN A&N Womens Solid Zip Comfort Firm-Ground Metal Black Urethane Boots - 1 UK B0762MZ1FC Parent , Chinese Laundry Women's Beckie Micro Sued Ankle Bootie B01M0P24ZV ParentBalaMasa Ladies Wedges Platform Metal Buckles Wedges Urethane Pumps Shoes B0721FS481 Parent , AdeeSu Ladies Embroidered Low-Cut Uppers Wheeled Heel Shoes Polyurethane Pumps Shoes B072HJW4QX Parent , Paul Green 3449-002 Womens Pump B01K4DGCFY ParentSUADEEX Women Wellington Boots Ankle Rubber Rain Boot Ladies Chelsea Shoes Wellies Anti Slip Outdoor B07H3TD3GY Parent , Stonefly 110337 Wedge Sandals Women White 38 B07G7HSJT9 ParentFancyPrint Ladies High Top Skate Shoes with Thick Sole Suitable for All Seasons B07HHNKS1K ParentJSHOE Women's Sexy Salsa Jazz Dance Shoes Ballroom Latin Tango Party Dancing Shoes High Heels,Purple-heeled8.5cm-UK3... B078W86D8Q Parent , HGDR Women's Flat Sandals Bohemian Open Toe Pearl Sandals Summer Beach Sandals Flip Flops Flat Shoes B07F2P4KNV ParentHN Shoes Womens Ladies Low Mid Block Heel Rivet Ankle Straps Peep Toe Red Leather Sandals Prom Evening Party Size... B07F2P7ZFK ParentAJZGF Female Summer New Style Open-Toe Slope Slippers, Metal Decoration, a Font of Women's Shoes. B07DPKKRD2 ParentGARDENIA COPENHAGEN Women’s Heel Open Back Slippers B01M1HUN01 ParentAgooLar Women's Solid Soft Material High-Heels Zipper Pointed Closed Toe Sandals B01IEDRGUG 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.