All Star Ox Black & Whit 5 Parent B01LZE4N05MINITOO Women's Breathable Hidden Platform Yellow Fashion Sneaker UK 5 Parent B07CVYCRHCAlois Beck Women's Beck 060 Gymnastics Shoes Parent B077SJSQ19LvYuan ggx Women's Heels Slingback PU Spring Casual Slingback Gray Black 2in-2 3/4in, gray, us6.5-7/eu37/uk4.5... B074CYMGNC ParentGTVERNH-Fish Mouth Sandals Female Korean Version Of The New Increase In Spring And Summer. Bottom Slope With Thick... B078RPPNT5 ParentNIKE Women’s Air Max Thea Ultra Flyknit Trainers B001ENUYJE Parent , Binying Women's Fashion Buckle Style Peep-Toe Thick-Heel Sandals B06X9TGP1K ParentALPE Womens Boots, Colour Grey, Brand, Model Womens Boots 3604 11 Grey B07GS28MRN ParentSteve Madden Women’s Lowdown Combat Boots B075KMP9FP ParentLucky Brand Women’s Lk-idara2 Combat Boot B07FGH614G Parent , AWXJX women's flip flops slippers Flowers Slope Thick bottom Outer wear Non-slip seaside B07DB7CSKC ParentNonbrand Women's flat slippers toe post t bar shoes summer sandals B01EFH3Z00 Parent , Office Sailor Toe Post Sandals B074DQCLLN Parent , Women's Round Toe Shaped Heels Short Ankle Boots B07H6R8KSP ParentFourever Funky Women's Faux Suede Round Close Toe Platform Pump B00HBAUYA8 ParentRTRY Women'S Heel Comfort Spring Fall Pu Outdoor Office &Amp; Career Chunky Heel Blushing Pink Beige Black 2In... B075MCF22S Parent , Spring Europe and The United States with A Word Buckle Metal Buckle Fashion Hollow Shallow Mouth Shoes Women B07D1PDHQW ParentShenduo Women's Camo Mid-Calf Snow Boots D5075 B01MF4NPOO Parent , AgooLar Women's Buckle Low-Heels PU Solid Round Closed Toe Pumps-Shoes B01NCRYOJ6 Parent , Banquet Sexy high Heels Pointed Bandages high Heels New Roman high Heels red high Heels Shallow Mouth Ladies Single... B07CZVWZVQ Parent , Lili Mill Women’s Low-heeled Sandal B01EANJLXO ParentMUK LUKS Women's Jorgia Sandal B0798LCK92 Parent , Office Monarch Caged Block Heels B07DXJ95SK Parent , JSHOE Women Sexy Salsa Jazz Dance Shoes Ballroom Latin Tango Party Dancing Shoes High Heels,Gold-heeled7.5cm-UK6.5... B0798C773Y ParentIANGL High Heels Lady Sandals Summer Casual Shallow Pointed Baotou Buckles Rome Shoes and High Heels. B07FTK95HV Parent , YWNC Stiletto Women'S High-Heeled Sandals One Word Belt Buckle Open Toe Candy Color Suture Foot Straps Stage Show... B07CLLNVFD ParentGUESS Womens Capable White 8 M B077ZB2GNC Parent , AgooLar Women's Pu High-Heels Open-Toe Solid Buckle Sandals, GMDLB015252 B07H49WNJL ParentFleet & Foster Womens/Ladies Amaretto Touch Fastening Leather Sandals B07CKYM5LS ParentHhGold Sandals Word Slippers Female Summer Fashion Wear 2018 New Sequins Thick Bottom Sandals Students Wild Women... B07HKGM8Y6 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.