Saucony Women's ProGrid Integrity ST2 Walking Shoe,Black/Grey,8.5 B(M) US Parent B00413QUF6Skechers Work Women's Sure Track - Erath White Sneaker 8 B (M) Parent B01BOOS87MRaider Women’s Chanclas Ipanema Anat Nature Fitness Shoes Parent B0781YW3KX , AnMengXinLing Flats Sandals for Women Summer Denim Buckle Open Toe Casual Ankle Straps Outdoor Shoes Plus Size B07CP2MDZC ParentAisun Women's Fashion Platform Faux Suede Sneakers Parent B07CDCX417 , New Balance Women’s 530 Low-Top Sneakers Parent B01HQ6UH08Sneakers Shoes Women s9017 Lotto Superlight Lite spoprt Blue Casual Parent B075ZF1YHL , Columbia Women's Megavent Fly Hiking Shoe B01HV0R9UK ParentMerrell Women’s Siren Edge Q2 Wp Low Rise Hiking Boots B00C6M5SMK Parent , Bella Vita Women's Vivien Flat B01ECY27DC Parent , KEEN Women's Newport Eco-W Sandal, Victoria/Dress Blues, 8 M US B07227NH9K ParentNike Miler Mens Running Vest B072JC5149 Parent , Giaro Women's Boots black black B076S2ZPK4 ParentKxrzu Pentagram Beads Barefoot Sandals Toe Anklet Foot Chain for Women Girl B07HJ3MCJ3 Parent , Steve Madden Harber Ankle Booties - Taupe, 10 US B01K8U51U0 ParentRock Fall Vixen VX950A Onyx 100% Non-Metallic Waterproof Ladies Safety Boots - Black B01AROFUKS Parent , Grunland Toro SC1618 Black Shoes Woman decollet Stretch B012FN3IZI Parent , Men's/Women's Ruby Shoo Yasmin (Blue) B01MR9MX7E Parent Exquisite (middle) workmanship High-quality materials Perfect processingMauro Fedeli Women's 1027 Court Shoes Black Black B079J59X97 Parent , HYW Shoes-Summer Sandals Female Wild Shape with a Word High-Heeled Shoes Sandals B07H5HZ6T5 ParentAalarDom Women's Pu Pull-On Pointed-Toe Kitten-Heels Solid Pumps-Shoes, TSDDG001147 B07H92N2PH ParentAgooLar Women's Buckle Low-Heels PU Solid Round-Toe Pumps-Shoes B079M41V2P ParentGabor Women Comfort Basic Shoes B076BJK366 Parent , Keys Sandals Woman Coral/Blue / Beige Suede (39 EU, Blue) B01M3VV3VR Parent , Man's/Woman's Gaudi V73-65290 Decolletè Women B06Y6D1XM3 Parent New varieties are launched Sales Italy Direct business , Adrienne Vittadini Womens av perlin Leather Open Toe Casual Strappy Sandals B07C5PM5T3 Parent , JSHOE Womens Latin Dance Closed Toe High Heel Salsa Tango Modern Jazz Shoes Sandals,Red-heeled5cm-UK4.5/EU36/Our37 B078W8GLP1 Parent , SOHOEOS Open Toe Sandals Platform Shoes Thick Bottom Summer New Cross Belt Female Woman Flat Roman Shoes Outdoor... B07D57GFC5 Parent , DIESEL Women’s Exposure Iv W Hi-Top Slippers B077GHL1XN Parent , Scholl New Moue Dk. Grey/Red, Women’s Slippers B00XJBJC8I 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.