Faguo Unisex Adults' Wattle Hi-Top Trainers, Black (Black_F), 8 UK Parent B075F62214HIPPOSEUS Women's Leather Latin Dance Shoes Ballroom Shoes,Model AF30909 Parent B074LXJJ2J , Spenco Women's Yumi Cheetah Sandal B01J2XF3O8 Parent , Remonte Women’s D5201 Low-Top Sneakers, Silver, 4 UK Parent B01MY2ENMQ , Womens Ladies Lightweight Slip On EVA Peep Toe Girls Summer Beach Pool Sliders Flip Flops Casual Mules Sandals... Parent B077D8PGK9LvYuan ggx Women's Heels Slingback PU Spring Casual Slingback Blue Ruby Black 3in-3 3/4in, black, us8/eu39/uk6... B074CYHLM4 ParentCorso Como Womens Salem Salem B01MD01BD3 ParentSimply Be Womens Sole Diva Flatform Slider B07CNWZM88 ParentEasy Spirit Women's Janessa Wedge Ankle Boot B0171EVCTU Parent , Calaier Women's Cadress Court Shoes yellow Size: 7 B01MTJOHA5 Parent , LFF.FF Women's Pointed Open Toe Fine With Buckle Sandals Word Band Nightclub Shoes Banquet Shoes Large Size (Heel... B07G59VL9F ParentBoulevard Anna Heeled Buckle/Gusset Mid Heel Fashion Shoes B06XY9HM59 Parent , Tefamore Women Fashion Solid Color Butterfly-Knot Square Toe Shoes����Thin Heels High Heeled Square Toe Shoes... B07CQPVC81 ParentOME&QIUMEI Sandals With Flat Bottomed Sandals And Sandals For Holiday Sandals B07CGNNFB6 Parent , 2 Lips Too Women's Resa Dress Sandal B01M1MU3SK Parent , MUYII Women's Sandals Large Size Leather Mouth With Low-heeled Shoes Summer Work Shoes B07DHQJCSC ParentGentlemen/Ladies XTI 48132 Black B07CLKK9VG Parent Selling discount Good qualityPavers Sandal with Ankle Strap 309 116 B075H6ZKHR Parent , onlymaker Women's Ankle Strap Peep Toe Extreme High Heel Pumps Wedding Party Dress Stiletto Slip On Sandals B06Y6LRXVW Parent , Tassel Straps High Heels Elegant Sandals Sexy Red Ankle Shoes Leather Shoes B0749KFFXD ParentKoyi Summer New Thick Heels High Heels Women's Sandals Open Toe Women's Shoes 7cm B07D12756G ParentGive Ireland Back To The Irish B0018N1YOE ParentKHSKX-Muffin Bottom Shoes High Heel Shoes Folk Style Thick Soled Shoes Clothes B077S7WKZN Parent , Flat head bald head female cooler square casual sandals summer sandals B0725NM92M ParentEverybody Women's Morataria Dress Sandal B00HQCB0TK Parent , AgooLar Women's Pu Open Toe Low-Heels Buckle Sandals B07GK17KGC ParentWomen Summer Sandals,Yesmile Bohemia Beaded Leisure Lady Sandals Summe Sandals Shoes Women's Flips Flops Sandals B07CM63BF2 ParentAN Womens Sandals Solid Kitten-Heels Urethane Sandals DIU00749 B07DPK98P4 Parent , BalaMasa Womens Cold Lining Hard-Ground Non-Marking Urethane Sandals ASL05016 B07F2SCT4Y ParentFlip Flop Pool*Patch Look, Women’s Heels Sandals B074L62PM1 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.