366239-01 WOMEN TSUGI SHINSEI METALLIC PUMA PUMA BLACK ROSE GOLD Parent B074WGFC1XGambaletto Women Lies Grey with Relief Decoration Parent B078Y816S6 , Havaianas Unisex-Adult Essentia Low Fashion Trainers Parent B005WJRK4I , MINITOO QJ6227 Women's Color Block Grey Satin Latin Salsa Dance Shoes 7 M UK Parent B015PHR47EBloch Women's Boost Dance Sneaker Parent B005BE7XB4Puma Faas 500 V4 Power Warm, Women's Training Running Shoes B00ZTVR49K ParentNIKE Women’s WMNS Air Zoom Structure 20 Training Running Shoes B01LZUB14K Parent , s.Oliver Women’s 5-5-25105-21 018 Combat Boots B079YNCC6Q Parent , RTRY Women'S Shoes Suede Fall Fashion Boots Boots Low Heel Round Toe Gore For Casual Khaki Black B0784SB1GH Parent , ZHZNVX Women's Shoes Suede Spring Basic Pump Heels Chunky Heel Black/Brown B07GR7K8B2 ParentArtfaerie Women's Chunky Heel Ankle Boots Buckle Booties Faux Fur Warm Winter Shoes B07G33BZ9Y ParentQINGMM Women Pointed Boots 2018 Autumn Winter Personality Super High Heel Ankle Boots B07H5G62QP Parent , Jana Women's 8-24323-26 802 Composition Leather Mary Janes B01AKB3T4M Parent , Sarahbridal Women Pointed Toe Party Shoes Bridal Wedding Flats Shoes Size SZXF2046-07A B078GRLJ4V ParentMNG COLLECTION Women's Court Shoes Gunmetal B077RFV4F3 ParentWomen's Shallow High Heels Shoes Pumps Leather Party Shoes,Black-34 B07BKY9L6M Parent , SendIt4Me Ladies Suedette Platform Wedge Heel Court Shoes B0164KKZQ8 Parent , Allhqfashion Women's Low-Heels Pu Solid Pull-On Closed-Toe Pumps-Shoes,FBUDC015862 B07HGQMGXD ParentAnne Michelle Womens/Ladies Metallic Snake Skin Pattern High Heels B01BHTQ4BG Parent , Odomolor Women's Round-Toe Kitten-Heels PU Solid Pull-On Pumps-Shoes, Beige, 38 B07BBCTZJL Parent , Angkorly Women's Fashion Shoes Derby Shoe - Platform - Studded - Perforated Wedge 3.5 cm B074586VL1 ParentWomen's Rhinestones Sandals Black Gold Ankle Strap Chunky Block Thick High Heel Party Dress Shoes B07DNDD9KG Parent , Fanciest Women's Open Peep Toe Pumps Heels Sandals Wedding Bridal Shoes Black 5915-05 B06XSJGGVJ Parent , B.O.C. Women's Howell Moro Oiled 6 M US B077WG43HN Parent , LINYI Womens Ankle Stripe Thick Heel Sandals Summer Prom Shoes Party Shoes B07FSVP3YG Parent , WALDIES Unisex - Adult Low B01H3RJ0SK Parent , Apepazza Women's Fashion Sandals Blue Blue B079DVKS4S Parent , 15Cm Wedge Heel Sandals Women Pump Open Toe D'orsay Slingbacks Ankle Strap Dress Shoes Casual Court Shoes B07GBR4M1T Parent , Touch Ups Women's Shyla Platform Dress Sandal B01KNFDHU6 Parent , GRACE SHOES CR39 High Heeled Sandals Women B00W81YXGG 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.