Luoluoluo Womens Shoes Canvas Mesh Cross Bandage Breathable Autumn Winter Sneakers Run Solid Color Cross Tied... Parent B07GDDP4RVConverse Women's Madison Color Pop Mesh Low Top Sneaker Parent B075TG5SL9 , MINITOO Ladies TH064 T-Strap Peep Toe Brown Satin Wedding Ballroom Latin Taogo Dance Sandals 3 UK Parent B00TGYHDDSMINITOO Ladies TH162 Crystals Cross Strap Black Satin Wedding Ballroom Latin Taogo Dance Sandals 7.5 UK Parent B01CX4Y4BGRTRY Women'S Sandals Summer Comfort Pvc Casual Flat Heel Bowknot Black Red Blue Champagne Walking Blue Us6 / Eu36... Parent B074CWVCDF , Asics GEL-BEYOND Women's Indoor Court Shoes B00D457LTG ParentYukun High heels Autumn Stiletto Heels Pointed Female Shoes Shallow Mouth Was Thin Single Shoes Female, 39, Rose... B07HJ84QR9 Parent , adidas Women's Fabela Rise Volleyball Shoe B077X8GYYD Parent , T444Z HAIR PRODUCTS On Cloudace W B07885LGR1 Parent , Tamaris 25310, Women’s Chelsea Boots B017M37O0Q ParentClarks Originals Womens Sandstone Wallabee Suede Shoes B078T13PNS ParentEl Naturalista Women’s N5112 Soft Grain-Lux Suede Brown/Kentia Ankle Boots B07CJ6F4WY Parent , KUKI Autumn Women's Boots Large Size Women's Shoes Frosted Fringed Women's Boots Inside The Increase Sleeve Ladies... B07G785VSM ParentDANDANJIE Women's Boots British Retro Martin Boots Flat Heel Scrub Casual Boots B07GKZTNNC Parent , LifeStride Women’s Delilah Equestrian Boot B075FVW44N Parent , Fuxitoggo Transparent Pumps Women High Heel Chic Slip on Shoes (Color : Beige, Size : UK 2.5) B07H884XGS ParentPuma Puma Vikky Ribbon S B07B48KHW8 Parent , Man's/Woman's Pleaser Womens Clas01/Wpu B01N37PJRH Parent durable Beautiful appearance ExportWomen's High Heels PU Buckle Pendant Sexy Fashion Shallow Mouth Pointy Stiletto Heels Bridesmaid Footwear Bridal... B07CJX6VNL Parent , Men/Women Pleaser Women's Vixen-701/CR/C Sandal B00A48ADQO Parent bargain discount Current shape , Melady Women Fashion Heels Pumps Ankle Strap B07GLH7YH2 Parent , AdeeSu Womens Round-Toe Ankle-Wrap Chunky Heels Urethane Pumps Shoes B07D81HRHR Parent , Odomolor Women's Solid PU Low-Heels Closed-Toe Pull-On Court Shoes B07CTKPMKX ParentQPSSP The Sequins Are Worn By Thick Bottom Muffins, Sandals, Sandals, Sandals And Sandals. B07DBYH67J ParentPadders Women's Leather Sandal 'Cameo' | Extra Wide Plus EE Fit | Free Footcare UK Shoe Horn B06XJPB1SB Parent , AIKAKA Women's Shoes Spring Summer Hollow Sandals Fish Mouth high Heels B07FCP3K1R ParentTommy Hilfiger Sandals and Slippers for Women, Colour Red, Brand, Model Sandals and Slippers for Women FW0FW02397... B07CTJZRT1 ParentAgooLar Women's Zipper Blend Materials Open Toe High Heels Solid Sandals B01IEF3F8Q ParentDrBrinkmann 701238 Two-Strap Silver Size EU 39 - UK 5.5 B07G2LJ4HY ParentLeg Avenue - Dottie - 38 - Red/weiss - LA420-DOTTIE B001EIOY7M 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.