Puma Unisex Adults' Prevail Citi Low-Top Sneakers Parent B01N1MMN06ShangYi Women's Shoes Leatherette Flat Heel Comfort Flats Casual Pink / Silver / Gold Parent B01FZJLVJOAsics Unisex Kids’ Gel-Lyte V Gs Low-Top Sneakers Parent B00ZTZTB88Man/Woman Fila Mid Cage Women Parent B07C9MX7Y6 New product Brand Recommended todaySHINIK Men And Women Outdoor Portable Sports Beach Shoes Upstream Non-slip Swimming Shoes Snorkeling Treadmill... Parent B07CVNR2TC , Fanwer Peacock Embroidery Chinese Women Spangle Comfortable Dancing Flats Soft Sole Shoes Parent B07B73Z8RN , Pantofola d'Oro Women’s Carla Slip on Donne Low Trainers Parent B01N9E5OS4Mizuno Women’s Running Shoes 3.5-4 B01ATWK48G Parent , Ajunr The Fine followed Tip Leisure Single shoes Retro pink Women's shoes Wild 7cm high-heeled shoes Light port... B07BF6V5WD ParentKEEN Women's Ana Cortez Flip-W Sandal, Black, 10 M US B071RCS8QZ Parent1 CLASSE ALVIERO Martini Women's Ankle Boots Black Leather AF281 (7 UK / 40 EU) B017THNM60 ParentBlack Patent Knee High Boots - Size 8 UK B00GS2OHN0 Parent , Cocey Women Mid-Calf Roman Boots B07GVBNZX1 ParentRAZAMAZA Women Classic Round Toe Short Boots B07HG4HNFS Parent , ALIKEEY Fashion Women Elasticated Patent Leather Boots Pointed Low Heel Boots UK Size 3-8 B07GJKGRWP ParentRieker 41739, Women’s Closed Toe Heels B076653HTF Parent , Men's/Women's Champion Women's Del B07B5N7QT4 Parent Customer first low cost Diversified new design , Gabor Women's 55147-19 Court Shoes Grey GREY B01GP4O4JC Parent , KPHY-Leather Martin Boots British Style Women'S Shoes Boots Frosted Leather Shoes.Thirty-Six Khaki B07GHBLZ42 Parent , DADAWEN Women's Round Toe Block Heel Dress Pumps Ankle Strap Court Shoes B07DRJ1ZX6 ParentBalaMasa Womens Solid Slip-on Slip-on Imitated Leather Pumps-Shoes B01EAKZOJ2 ParentTAOFFEN Women's Flat Ballet Shoes B07B4WQHXX ParentGRACE SHOES 1682 High Heeled Sandals Women B07CCB2X8C Parent , Summer Cute Ladies Wedge Shoes Casual Open Toe Sandals Thick Waterproof Table Elegant High Heels (Color : Black... B07488DJGP Parent , ALDO Women's Cristiania Pewter Sandal B06X3WVY4G Parent , Betterfelt Felted Wool Slippers for Women - Hide Sole - Size 3.5 UK - Grey - Fairtrade - Lazy Slipper B07FC3VGLP ParentReport Women's Queenie Flat Sandal B076BC87R7 Parent , Getmorebeauty Women's White and Black Open Toes Strappy High Heel Sandals B01LACYSFY ParentReef Sandals Women Escape Lux Ombr Sandals Women B072QLQ827 Parent , Angkorly Women's Fashion Shoes Sandals Mules - Peep-Toe - Ankle Strap - Platform - Cord - Thong Wedge Platform... B07DVR429M 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.