SHINIK Sports Aqua Shoes Multifunctional Fashion Casual Elasticity Shoes Beach Shoes Outdoor Shoes Quick Dry Shoes... Parent B07CVMZGS6 , ECCO Women’s Soft 8 Strap Sneaker Parent B01I6GRAKC , NIKE Women’s Court Borough Mid Se Basketball Shoes Parent B06WLH4553 , Converse Unisex Shoes All Star Women/Men Sneakers Low Top Red/White M9696 Parent B075YGSX21Nero Giardini A719471d, Women’s High Heels Parent B073TZWCVJ , Superga Women’s 2750 Lamecamow Sneaker Parent B0777YH47S , YMFIE Summer sweet flowers high heel fish mouth sandals ladies temperament elegant high heels B07F3V7J62 ParentNIKE W Free Tr Flyknit 3 Amp Womens Aa1212-005 B07D97ZBLC Parent , NIKE Women’'s Free Running Shoes B019DQV7K8 Parent , Carolbar Women's Assorted Color Concise Block Mid Heel Buckle Sandals B01F6V7CX0 Parent , Oxitaly Women's Roxy 973 Long Boots B01GKYYTO2 Parent , BEARPAW Maryanne Hickory II Womens Winter Boot Size 8M B01KSCMD18 Parent , JKHGJUH Fashion Chain Vintage Flower Coin Tassel Barefoot Sandals Anklet Foot Chain Women Girl B07GNF8JWB ParentMen's/Women's l, Escarpe Women's Boots B077ZFFYQ8 Parent online sale Environmentally friendly retail priceHBDLH Women's shoes/High And Low Heeled Shoes In Autumn And Winter Female With 10Cm Waterproof Table Bare Boots... B07H2RDGJ1 ParentTamaris Women’s 25491-21 Chelsea Boots B07DK346PP Parent , Elobaby Women Wedding Shoes Platform Mid Heels Buckle Prom Bridal Satin Evening autumn/9cm Heel B07G18T7SL ParentIndigo Rd. Women’s Breanay Pump B072QFV3BY ParentMen's/Women's Nine West Womens Kimery B072NFSWGD Parent service special function Global salesMarc Shoes Lexi, Women’s Slingback B07D8ZNQ39 ParentTom Tailor Women’s Closed-Toe Pumps B077L21CYM ParentThick a Word Buckle Sandals Female/Thick Waterproof Platform high Heels Female/White high-Heeled Shoes, with Height... B07DC1MHJM Parent , Man's/Woman's Pleaser Women's Adore-701-4/C/S Sandal B000YR0UAY Parent Practical and economical Elegant style Global sales , WXMDDN The Spring Round Head is Fringed with The Flat Shoe, The Small Leather Shoes womanshallow Mouth Thick with... B07CLGRNKW Parent , WYYY Women's Shoes Summer Low Heel Block Retro Word Buckle Open Toe Thick Sandals Low Heels Casual Shoes Party... B07DNZ8CH9 Parent , Manas Women's Fashion Sandals Black Black B079K64HLW ParentWomen Sandals Durable Summer Shoes Padded Slippers Rubber Lining Velcros Sandals for Spring Walking B07GCC8BKF Parent , Isotoner Women's Microterry Rowan Thong Slipper Black 6.5-7 B07D4PSP24 ParentDivaz Divaz Nicosia In Orange Elasticated sling back T bar sandal B01CYJNOVG ParentSam Edelman Circus Womens Binx-2 Fabric Open Toe Casual Ankle Strap Sandals B075QNM1VQ 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.