Parko Jogger Play/Suede, Women’s Low Parent B073FK7XJRMINITOO Girls Womens Ruched Slip-on White Satin Bridal Wedding Dress Shoes UK 7.5 Parent B074S3Q22DNew Balance Women Shoes/Sneakers WL574FSA Beige 40 Parent B0751TKFF8FunnyPrint Women High Top Skate Shoes Traveling Sneaker for Daily Wear,Walking,Traveling,Hiking Parent B07HHPCX7BMee Shoes Women's Charm High Heel Buckle Sandals B07GHDKXBN ParentCIABOO AX30 sneakers Woman 41 EU beige Canvas Parent B01KZGZ78I , NIKE Women’s Downshifter 8 Competition Running Shoes Parent B0761YCJ9G , Merrell Womens Ryeland Moc Casual Shoes Espresso 7.5 US Parent B078NMSZ6FDemonia Women's Creeper-118 Sneaker, Black Parent B015J7UV02 , Hogan Women Shoes Interactive Pink Washed Leather Sneaker Parent B07DCH7CF7 , KPHY-Casual Women'S Shoes Thick Bottomed Sports Wild Sports Black Thirty-Five B07GXX9HF9 ParentKPHY-Autumn Elegant Bow Temperament Women'S Shoes Fine With The Middle Fashionable Drill Pointed Shallow Shoes.Thirty-Five... B07GGVKB5M Parent , GUNAINDMX Women Vulcanized Shoes Sneakers Casual Shoes Ladies For Women Student Spring Autumn Platform Buckle... B07HLCSX3B ParentLAW Shoes & Clothing Womens Ladies Flower Jelly Summer Sandal Open Toe Holiday Summer Comfy Shoe Size B07FTT4VB2 ParentKEFAS Woman Winter Snow Boot 3126 ZOYA B006MR8RHI Parent , camel active Outback GTX 72, Women's Ankle Boots B00VA0UOP0 Parent , GAOLIM The Coarse Shoes Spring And Autumn Season With Female Wild Soy Beans In Small Shoes Single Shoes, Casual... B07C3T5NPS ParentKick Footwear Ladies Fashion Summer Sandals Flip-Flops B00UZE9SZY ParentSHU CRAZY Womans Ladies Faux Leather Pull On Vintage Brogue Low Block Heel Chelsea Ankle Shoes Boots - R4 B07H8LPFVQ Parent , YR-R Real Leather Chelsea Boots Bullock Thick Heel Roman Boots For Women Ankle Boots Fashion Elastic Martin Boots... B07HD6CGRP ParentHigh heels The new winter square with the ladies' boots. B07GTLRSZL Parent , Pleaser Women's Delight-665/LPSA/B Platform Pump B004QQLQCA Parent , Stonefly Sandals Slippers Women, Colour Multicolor, Brand, Model Sandals Slippers Women Step 4 Multicolor B06XT5ZJBS ParentLEXUS Peep Toe with Diamante - D-Fit - Valencia by B079YCVMPC ParentYUCH Women Slippers Non-Slip Soft Sandals Summer B07CGX8ZJS Parent , Gentlemen/Ladies Inuovo 5118 Sandals Women B00YSB21QI Parent Various goods real Easy life , IGI CO 11695 Womens Sandals B07BHW3498 ParentGentlemen/Ladies VALLEVERDE Women's Slippers B07C9X5719 Parent Consumer first Affordable Popular tide shoes , ZHRUI lLeather Sandals Women Stripe Peep Toe Hook Loop Strap Platform Shoes (Color : Black, Size : UK 4.5) B07H2GV2ND ParentK&GQ sandals VB Ladies Sandals Fish Boots Transparent Hollow Heightening Cross Straps Party Shoes B07BTJ1TR6 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.