PLOT❤Clearance Boys Girls Kids Fall Winter Windproof Coat Jacket Warm Outerwear Hood Hoodie 2-6T Parent B07H8J3Z3T , MINITOO QJ7014 Womens Crystals Red Satin Modern Salsa Tango Ballroom Latin Wedding Party Evening Dance Shoes 6... Parent B01M14AVB9Geox Women’s D Nebula E Fashion Sneaker Parent B01BZ7W64Y , VPASS Clearance Sale Womens Flat Thick Low Wedge Heel Flatform Fastening Sports Sandals t-Bar Flower Shoes Rome... B07GJ7W9C5 Parent , HBDLH Women's shoes/Half Pack Commuter Pointed Lacquered Shoes Hollowed Cat Heel Rivets Summer Sandals Summer... B07GXB4CSG Parent , HXVU56546 Spring And Autumn Season New Women'S New Lady Shallowly Buckled Water Drill Pointed Single Shoe And... B07BDG811W Parent , NIKE Women’s WMNS Free Connect Gymnastics Shoes B01DX7N7D8 ParentLowa Boots Lowa Mountain Gore-Tex B00NGHXTM0 Parent , Salomon Fellraiser, Women's Trail Running Shoes B00AK8M6RM ParentNIKE Women’s 852449-100 Fitness Shoes B01DL3XKN6 Parent , Womens Slipper ,Clode® [2017 Fashion] Ladies Girls Rhinestone PU Leather Peep Toe Thick Mid Heel Slipper Sandals... B072P2F8JG ParentHunter Women Women's Long Boots B019WI5ZZA ParentPaul Green Women's 8031-018 Boots B01MG3IK1X Parent , Katy Perry Women’s The Mayari Ankle Boot B06XDLNNY6 Parent , Sperry Women's Walker Atlantic Red 7 M US B07955WRVH Parent , long Boots with long Boots Women's round front Zipper All Match Women Boots Knight Boots , black , EUR 35.5 B077K5YC7C ParentGabor Shoes Women's Court Shoes 05.457.27 B00S7SVNK8 ParentAimint Womens Spikes Stilettos Pointed-Toe Solid Cow Leather Pumps Shoes EYR00226 B07GKX8T1V ParentCharlotte Ivory Satin High Heel Bridal Bow Mary Jane Shoes B015EJH2ZM ParentHeeled Black Patent Mary Janes for Children B0067N7ATS Parent , Sugar Women’s Slick Heeled Sandal B01NA9OLEA Parent , Steve Madden Womens Swyndlee Leather Open Toe Casual Strappy Sandals B07DGQYC4B Parent , Stuart Weitzman Women’s Gelfisher Jelly Sandal, Graphite B016BMUGKE Parent , InterestDesign High Top Skate Shoes for Women Walking Sneaker for Daily Wear,Walking,Traveling,Hiking B07H84P1YM ParentFelmini 8986 Womens Leather Matt Boots 36, Red B01C3SSLQ6 ParentAIKAKA Women's Shoes Spring and Summer Large Size Rhinestone Sandals Flat Bottom B07DXVBCVC ParentNine West Women’s TAGO Fabric Mule B06XNP9BDC ParentAisun Women's Fashion Two Straps Pointed Toe Sandal B07FHYSM7M ParentAalarDom Women's Low-Heels Assorted Color Closed-Toe Sandals B07GN8R3HR ParentAalarDom Women's PU Peep-Toe High-Heels Buckle Assorted Color Sandals B07H5LNC3P 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.