High Quality Bike Bicycle Diving Fabrics Chain Stick Frame Chain Protect Cloth Parent B00O11TZPKadidas Originals Women's Tubular Shadow CK Running Shoe, Trace Maroon/Chalk Cloud White, 6 M US Parent B077XB61HVSalabobo AQQ-6227 Womens Wedding Party Tango Closed Toe Mid Heel PU Sequin Dance Shoes Parent B01NGYXSD9WHLShoes slippers women Casual Simple Cool Slippers Summer Comfortable Thick Bottom Fabric Joker Parent B07DH8WS3WFaguo Unisex Adults' Wattle Hi-Top Trainers (Black F1730), 7.5 UK 7.5 UK Parent B075F5M2TBZCW Casual Versatile Shoes,Leather White Shoes,Female Strap Flat Shoes,Flat Women'S Shoes B07H2XTMPZ Parent , GUNAINDMX Students Lady Women Fashion Casual Girlish Mesh Air Cloth Shoes Flat Shoes B07HLYLV5L Parent , adidas Women’s Zx Flux W Running Shoes B072JPVLQP Parent , Under Armour Charged Legend TR HYPSL Women's Training Shoes B01NCM15UQ ParentSaucony Women’s Excursion Tr11 Fitness Shoes B072JTVVJ9 ParentSam Edelman Women’s Valerie Knee High Boot B07D4XHZM1 Parent , Fly London Women’s Yomi765fly Boots B071FQGQDG ParentNanette Nanette Lepore Women's Halle Ankle Bootie B01FEACBFM ParentRTRY Women'S Shoes Leatherette Fall Winter Fashion Boots Combat Boots Boots Chunky Heel Pointed Toe Booties/Ankle... B076NB7TS4 ParentSoftline Women’s 24491-21 Closed-Toe Pumps B07BB9DQM9 Parent , NVXIE Women's Ladies Single Ankle Leather Boots White Wedding Bridal Shoes Rhinestones Dress Party Pointed High... B07F6839J7 ParentJack Rogers Women's Layne Leather Wedge Sandal B01LZNF15Y Parent , Coolcept Women Block Heel Pumps Shoes B07DRH6CBD Parent , Womens Low Kitten Heel Metallic Glitter Party Shoe SIZE 5 B007O6P4MM ParentTAOFFEN Women's Office Court Shoes Heels B079ZV1JQ6 Parent , AalarDom Women's Solid Microfibre High-Heels Round Closed Toe Buckle Pumps-Shoes,TSDDH004477 B07H89DMFD ParentAllhqfashion Women's Solid Patent Leather Buckle Pointed Closed Toe Pumps-Shoes,FBUDD012302 B07H9ZFTY7 Parent , Man's/Woman's IGI&CO 11735 Womens Sandals B079KJF74H Parent elegant Excellent performance Personalization trend , Spring Sneakers,Board Shoes,Jurchen Leather White Shoes,Korean Leisure Shoes,Thick-soled Shoes With Flat B072L21MPS ParentQXH Women's Sandals Shallow Mouth Pointed Flat Solid Color Large Size B07G14DBQF Parent , Summer Retro Pink Fine With Open Toe Sandals Rivets Buckle High Heels B071JBLX2S ParentMen's/Women's Gabor Fashion, Women’s Loafers B01MDQ9AC8 Parent Reasonable price Impeccable Easy lifeSummer casual shoes slippers beach shoes outdoor cool slippers B07229H9C3 Parent , AllhqFashion Women's Pointed Closed Toe Buckle PU Solid High-Heels Sandals B01H01GN84 Parent , Easemax Women's Fashion Bows Ankle Strap Peep Toe High Chunky Heel Platform Sandals B07B9W4F26 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.