Scarpa Lotto Tokyo Wedge Nera Parent B074RJ874Y , Philippe Model Women's TRLDW051 Pink Suede Sneakers Parent B07HGHS1GGIpanema Women's Fashion Sandals 4 B07B312XJB ParentYukun High heels Small Fresh High Heels Girl Cat Shoes Wild Stiletto Pointed Autumn Red Single Shoes, 40, Beige Parent B07HJ8D7VDDiadora I Basketball WNT Birds Blue Denim 170947 38 EU Parent B01MTFQ8NN , 24 HORAS Women's Sports Shoes, Colour Pink, Brand, Model Women's Sports Shoes 23590 Pink Parent B07BTTRGMHCole Haan Women’s Grandpro Tennis Stitchlite Sneaker Parent B073RTQYYZSelected Women’s Sfdina Suede Sneaker Trainers Parent B0761S2PMYSaucony Jazz Original Womens Trainers B01K8CZD3I Parent , Nike Unisex Adults' Zapatillas De Run Swift Deep Royal Blue/White Binary B Fitness Shoes B06WLLK64X Parent , Sam Edelman Women’s Gates Sandal B01LZZ7BF6 ParentMoon Boot W.e. Soft Shade, Women’s Sport Outdoor B01HJW6WTY Parent , Mustang 1157-503-20, Women’s Ankle Boots B01MRXCFIZ ParentSkechers Women's Easy Going-Zip It Ankle Bootie,5 M US,Chocolate B01C5NXML8 Parent , Missoni Women's MCBI334017O Multicolor Fabric Ankle Boots B07HGJLXQ1 ParentOffice Kung Fu Over The Knee Boots B01KSKIOF4 Parent , NIGHTCHERRY Women Kitten Heel Short Boots Pull On B07GZHDWF7 ParentAJUNR Work/Ladies Women's shoes Autumn and winter style round head able sexy fine with short boots 15CM female... B07H9X37DL Parent , BalaMasa Womens Bandage Wedges Round-Toe Urethane Oxfords Shoes B072Q1VBLJ Parent , Womens Ladies High Heel Pointed Toe Slip On Work Evening Party Prom Wedding Bridal Court Shoes Pumps Size B07DQG3FTT ParentFIND Women's Mary Closed Back Heels B06XJ4BYYS ParentGentlemen/Ladies Isabelle Women's Court Shoes B07FMY8R4J Parent Diverse new design Pleasant appearance ExportClarks Women’s Agean Art Wedge Heels Sandals B01K9JCSW4 Parent , Mee Shoes Women's Fashion High Heel Platform Sequin Slip On Court Shoes B06XXYT592 ParentRenata Silver Broc Sling Back With Leaf Detail B01KI27WTQ ParentPanama Jack Women's Thong Sandals B01MXLVG6L Parent , AN Womens Solid Dress Non-Marking Urethane Sandals DIU00990 B07F7YNPTZ ParentGAOLIXIA Women PU Summer Open Toe Sandals Ankle Strap Pumps T-Strap Heart Fashion High Heel Shoes Black B07CQQTWXF ParentSuetar-SKT Ladies Peep-Toe and Orb Ankle-Strap 3CM Wedge Roman Sandals Summer Fashion Big Size Beach Shoes for... B07DCDQFHH ParentSHUT UP L3 Womens Plus Size Kitten Heeled Nightclub Party Cross Dressing Overside US5-18 Leather Pumps Slippers B07B8JC4LS 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.