adidas Originals Women's NMD_R2 PK W Sneaker st Major/Shock Pink, 7.5 M US Parent B0767QVRRLWomen Open Toe Scrub Rivets Tassel Flat Sandals Large Size Shoes 40-43 Yellow Black Beige Parent B072LR13SLCapezio Women's 700 T-Strap Character Shoe Parent B002COHM94Ladies / Women's Mid-heeled gladiator Chunky Wedge snake print sandal (UK 3-8) B00M0Q4Y2W Parent , BalaMasa Womens Metal Bowknot Buckle Imitated Leather Pumps-Shoes B01FUU2S7M Parent , Dexter Ricky III Bowling Shoes and (Covers) Brunswick Defense Shoe Cover, Men or Women, Left and Right Handed... B01BREYZDA ParentKYDJ Women's Dance Shoes Sneakers Breathable Synthetic Low Heel Black/White/Red , white , us8 / eu39 / uk6 / cn39 B0722WNLLD ParentMammut Ayako Boot High GTX Women, Women, Grey/Dark Barberry B01MZ74FHQ Parent , Felmini Original Samples Women's FM-088 Boots Black Black 5 UK B07C7RQY87 Parent , Gabor Women's, Amien, Ankle Boots B07FK6P8KY ParentGTVERNH Old Beijing Cloth Shoes Embroidered Shoes Shallow Mouth Low Shoes Buckles Single Shoes Pregnant Women... B07CZ1Z4QJ Parent , Marco Tozzi Women’s 25128 Chukka Boots B076T5BP3R ParentBuffalo Women’s Lemon Drop Knit 01 Overknee Boots B07B836BYH ParentMan's/Woman's Laufsteg Women's 160503-2 Boots B01JA5NW32 Parent Comfortable feeling modern King of the crowd , MINITOO Ladies Mary Jane Style Rhinestones Low Heel Wedding Pumps Shoes UK 4.5 B0755GKBDT ParentMALUF Calzature Decollete' Top-tip Red Patent Trim Black Heel Plastic Red B07F4JZY28 ParentCorso Como Women’s Cc-Gwynn Pump B077G9GM7P ParentRieker Women’s 55292 Ankle Boots B07CNWC6ZN Parent , Truffle Collection Womens Velvet Ankle Tie Stiletto Court Heels in Black B07GZK8M35 Parent , Gevavi BRAB02240 Brabant Klumpe 240 yellow B00QQBIV1M Parent , Rieker Women’s 62460-64 Bout Ouvert B01AS3CPBU ParentYXLONG Leather Trend Women's Sandals And Slippers Summer New Europe And The United States Fashion Diamond Plating... B07DV5F7FP Parent , Ladies Sequin Cloth Stiletto Buckle Sandals Summer Peep-Toe Ankle Strap High Heels Women's Commerce Party Evening... B07CZ3BF3T ParentXZGC Check The Water Drill Flat Bottom Elegant Beach Sandals Female,4 UK, Gold B07BSZK4PC ParentLadies sandals sexy high heel sandals hollowed ladies sandals coloured sandals B07FKPJ2WL Parent , Guess Ladies Slipper Slipper Leather White B00VA2UR0K ParentMan's/Woman's AIYOUMEI Womens Platform B07DGY4RLQ Parent High-quality Beautiful Sales online store , Teva Womens Womens W Voya Loma Wedge W Voya Loma Wedge B072MQH4W9 Parent , GRACE SHOES 10100 Sandals Women B07CR5T3Y8 ParentLadies sandals, high heels, sandals, high heeled sandals, snake skin sandals,black,Thirty-nine B07F6C665M 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.