Monrinda Running Shoes Women Lightweight Shock Absorbing Trainers Comfortable Jogging Walking Shoes Gym Fitness... Parent B07H6FW6TD , RTRY Women'S Sandals Spring Summer Fall Comfort Pu Office &Amp; Career Dress Flat Heel Beige Black Beige Us8/Eu39... Parent B074CWT8VHReebok Women’s Classic Leather NBK Low-Top Sneakers Parent B078HGYHJ5 , Vans Sneaker Men Era Sneakers Parent B00N82MKLE , HIPPOSEUS Women's Genuine Leather&Satin Latin Dance Shoes Ballroom Shoes,Model AF446 Parent B074S5QCWK , Reebok Women’s Royal Glide Trail Running Shoes, Black Parent B01FD4UYHG , ZHZNVX HSXZ Women's Shoes Nubuck leather Spring Fall Comfort Combat Boots Boots Flat Heel Booties/Ankle Boots... B078M6MT3B Parent , KPHY Summer Women'S Shoes/Fashion Women'S Shoes Spring Pointed Shoes Temperament Square Heel Buckles Rough Shoes B07F8CRS6P Parent , NIKE Air Zoom Strong Cross Training Shoes B005A93NYQ Parent , Man's/Woman's Caprice 25200, Women’s Boots B06WWNZ2C8 Parent Great variety discount price Modern mode , DIVINE MADNESS 2401 black boots Women's boots heeled zip glitter B01M1ANH4E ParentCamper Womens Iman Alsina Black Leather Chelsea Boots B07GV1XVNY Parent , JSHOE Women's Dance Shoes Latin Salsa / Tango / Tea / Samba / Modern / Jazz Shoes Sandals High Heels,D-heeled5.5cm-UK3... B078W7FGZB Parent , BalaMasa Womens Chunky Heels Buckle Winkle Pinker Microfiber Boots B01NGUQ85W Parent , Lucky Brand Women's Lk-Ravynn Ankle Boot B01NCOH6CV ParentXue Qiqi The high-heel shoes women with bold black tip and versatile, with a fresh single shoe,36,8CM B07DN9P8P5 ParentWindsor Smith Womens Jade Heeled Shoes Wedges Buckle Fastening Strap Platform Tobacco UK 4.5 B075PF7NGR Parent , Zxstz Womens Satin Heels Wedding Bridal Bridesmaid Evening Party Prom Slip On Close Toe Classic Shoes Pump B07FYGQHN9 Parent , Teva Encanta Slide Women's Casual 6.5 Black B07BRHHXMC Parent , Propét Women's Miranda Strap Gunsmoke/Gold 9.5 N B00IJNLONW ParentElizabeth Stuart Women’s Hindy Open Toe Sandals B079FJ66ZN Parent , Odomolor Women's Pull-On Kitten-Heels Frosted Assorted Color Pumps-Shoes, Blue, 38 B07BBHPVQX ParentAllhqfashion Women's Patent Leather Round-Toe Pull-On Solid Pumps-Shoes,FBUDC015891 B07H9QJQS2 Parent , Easemax Women's Chic Mid Chunky Heel Pointed Toe Platform Slip On Ankle High Boots B075B18HQ3 Parentyalanshop Bohemian sandals female summer 2017 new open toe flat bottom beach shoes rhinestone beaded non-slip... B07CQPL69Q Parent , BalaMasa Womens Hollow Out Bandage Chunky Heels Platform Urethane Pumps Shoes B072KBY9KN ParentJSHOE Womens Peep Toe Low Heel Glitter Salsa Tango Ballroom Latin Ankle Strap Dance Sandals,Brown-heeled7.5cm-UK6.5... B0796P4DG8 ParentDANDANJIE Womens Shoes Block Heel Summer Comfort Sandals Open Toe Buckle Outdoor Shoes for Mom B07DFNJXT6 ParentWomen High Heels Open Toe Three-dimensional Butterfly Buckle Steel Buckle Sandals On Dress Commuters Shoes For... B07D3TTWMD ParentYUCH Women's Slippers Pointed Bottom Buckle Casual Wear Sandals B07H7QX54L 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.