hunpta Sandals, Fashion Women Ladies Sandals Ankle High Heels Block Party Open Toe Shoes Parent B07B48CZVSPhilippe Model Women's CELDER02 Brown Suede Sneakers Parent B07HDY595G , Volcom Women's Forever and Ever Dress Sandal Parent B00LIHNISKShow Shine Women's Fashion Block Heel Nubuck Sandals B00YIE435W ParentMIA Women's Bonnie Gladiator Sandal B06XMXYGG9 Parent , SHINIK Womens's Shoes Ladies Sandals Europe And The United States New Deep Mouth Shoes Sexy Mesh Shoes Fish Mouth... Parent B07CVYJ3XCConverse Women’s Chuck Taylor Ct As Dainty Ox Canvas Fitness Shoes, White Parent B01HQP7TRIMen's/Women's Sapatos Alvida Sneaker, Black Parent B07CPMD61Q New Listing Various types and styles Current shape , Capezio CG54 West End 2 Tap Shoe Black B001M4XKQ4 Parentadidas Women’s Gymbreaker Bounce W Running Shoes B018LIHWXA Parent , Toggi Berkley Country Boot Cedar EU 43 B005SRXVVA ParentOnitsuka Tiger Unisex-Adult D800N California 78 Ex B0734L9T97 Parent , SJJH Women Fashion High Heel Ankle Boots B07H199J6B Parent , Hot Chocolate Design Chocolaticas Velvet Garden Women's Mary Jane Flat B01E4PCL9Y Parent , Fuxitoggo Bowknot Pumps Women Glitter Buckle Strap High Heel Sexy Shoes (Color : Red, Size : UK 5.5) B07H88XRQQ ParentBalaMasa Womens Fringed Huarache Pleated Leather Pumps Shoes APL11254 B07HKY97VF Parent , ZCH New female pointed Fine with heels elegant fashion shallow mouth single Female shoes , white , 39 B072V2QK19 ParentLugina-Schuhfabrik GmbH Women's Court Shoes B07FNPRCXL Parent , Volcom Women’s Caged Bird Zehentrenner Gladiator Sandal B01I5K0YTS Parent , Gentleman/Lady Tamaris trend, Women’s Peep-Toe B009TQ2H7K Parent economic New design Excellent stretching , RAZAMAZA Women Mid Block Heels Court Shoes B078KHMRC3 ParentParedes SP5013 az47 Rubidio Safety Boots S1P Size 12 Blue B01BX1IF7Y Parent , Tamaris Sandal, 28340 Powder - Cipria, 41 B076PJCQFS ParentBATA Women’s 764309 Sling Back Sandals B078K6HXZV Parent , Clarks Lillia Amber Nubuck Shoes in Black B07D6T1TYB Parent , Sbicca Women's Lightning Heeled Sandal B01M1UWCNX ParentSlipper Ms Thick Bottom Waterproof Platform Drag Shoe Summer Fashion Non-slip Beach Sandals (Color : 1, Size... B07C8L5SWR ParentYMFIE Bohemian beaded zipper open toe wedge sandals ladies summer outdoor vacation non-slip beach shoes B07FJQFH1R Parent , Adee Girls Solid Peep-Toe Polyurethane Sandals B01HWSNCMA ParentAthena alexanderWomens Gaylenn Open Toe Casual Slide Sandals, Camel, Size 10.0 US / 8 UK US B07B5YJKBM 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.