PUMA Women's NRGY Neko Knit Sneaker, Forest Night White, 9 M US Parent B077SP3Z2P , Lotto Women's Fitness Shoes N1273 Parent B004UEPUJS , NIKE Womens - Air Max 1 Premium Jewel QS *Rare* - Black White - AA0512-003 Parent B078SD9BMPHotmarzz Women's Butterfly Floral Flip Flop Slippers Summer Beach Sandals Parent B074M5FBZ1 , Nine West Women’s Cominback Leather Knee High Boot B071LB688C Parent , Tamaris Women's 11 25242 29 651 Boots B07571Z8JS ParentNine West Women's Thorley Suede Knee-High Boot B01JURUJRW Parent , XeibD Charm Crystal Beads Barefoot Sandals Anklet Foot Chain for Women Girl B07GKZJ7Z8 Parent , Melady Fashion Harness Boots Pull On B07G6NSGWJ Parent , SJJH Women Mid-Calf Stiletto Boots B07H19PPMB ParentJOJONUNU Women Pull On Over Knee Boots B07H8ZJRGL Parent , XTI Women’s 47624 Ankle Boots B0778SX3RJ ParentJING Female heel shoes Autumn and winter pointed high-heeled large size women's boots ankle boots B07HP8DKPS Parent , Clarks Womens Maribel Glove Black Hi Top Trainers B00YN8NEBC Parent , Loints of Holland Women’s Mary Jane B06XGZR673 Parent , MINITOO Girls Womens Ribbon Glitter Wedding Evening Pumps Shoes B074S3Q227 Parent , QSCG Women's Peep Toe High Heels Stiletto Ladies Platform Bows Transparent Buckle Pumps Wedding Party B07DYS769V Parent , Aerosoles Women's Dimsical Dress Pump B00VNP3K7Q ParentKolnoo Womens Fashion Handmade 130mm Butterfly Open-toe Stiletto High Heel Pumps Shoes B01N7BNLA5 ParentLY High Heels Pointed Fashion Women'S Shoes B07H2F8Q2Y Parent , LBTSQ-Fashion women's shoes/Deep Leather Women'S Shoes In The Fall Pointed High Heels Thin 8Cm Ankle Boots V Shoes. B07G5WF2R6 ParentKPHY-Hole Shoes Summer Leather Hollowed-Out Boots Thick-Heeled Boots High Heels Spring And Autumn Boots Breathable... B07GGXNKWY ParentThink!!!! Women’s Aida_989247 Wedge Heels Sandals B015IY1JUW Parent , AN Womens Hollow Out Bandage Pointed-Toe Urethane Pumps Shoes DGU00594 B07H174VFL Parent , Allhqfashion Women's Pu Low-Heels Closed-Toe Soild Buckle Pumps-Shoes B07CTHMSY2 ParentGentlemen/Ladies Vionic Samoa Womens Sandals B00YBIR9A6 Parent for you to choose Stylish and fun Lightweight shoes , Angrousobiu Sweet flower girl Summer sandals flat women's shoes beach shoes soft, comfortable casual shoes for... B07CLPL3Y4 Parent , Women Summer High Heel Sandals Hollow Roman Shoes Buckle Sexy Women's Shoes Nightclubs Elegant Sandals Pumps For... B07D7BKKVG Parent , GAOLIM The Summer Terrace And Cross Straps With Flat Sandals Female Beach Shoes Fine With A Flat Base Women Shoes B07CFQHH1W ParentMarc Fisher Womens Too hot Open Toe Special Occasion Ankle Strap Sandals B00FN0K06Q 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.