Remonte Women’s D5803 Low-Top Sneakers Parent B073YTM99L , Schutz Women's Belize High Top Sneaker Parent B018YHOOV6 , T.T-Q Women's Kids' Dance Shoes Ballroom Satin Chunky Heel Almond Parent B07FN18STP , RTRY Women'S Sandals Light Soles Pu Summer Casual Buckle Flat Heel Blushing Pink Black White Under 1In Parent B075MBMT5J , Twin Set Women’s Cs8pm7 Hi-Top Trainers Parent B077DF6171 , Skechers Sport Women's Skyline Sneaker,Light Grey Lavendar,7.5 M US Parent B078TSW2C6Mens Womens Air 1/97 Running Trainers Sneakers Shoes Parent B07HH4T2WL , YMFIE Women's fine with pointed print color matching fashion shallow mouth sexy single shoes high heels work shoes... B07G2GKQZ1 Parent , ASICS Women's Gel-Surveyor 5 Running Shoe, Blue/Pink Glow/Neon Lime, 12.5 M US B017USNCWC ParentNIKE Hyperdiamond 2 Pro MCS Womens 856493-018 B07CGJGF7V Parent , CWJ Low-Heeled Open-Toed Pearl Sandals T-Strap with Roman Shoes B07GPYKWDT ParentFashion Shoes, Janly® Woman Bling Platform Gladiator Shoes Slippers Girls Summer Casual Flip Flops Sandals B07CP6NWFB Parent , Vagabond Women’s Olivia Boots, 6.5 B071NZ2276 ParentJoma R. Speed Lady Running Trainers (UK7) B019E50CFE ParentBaretraps Women’s Anias Slide Sandal B075X86BHW Parent , yalanshop The High-Heel Shoes Women Fashion Tips Romantic And Elegant Fine With The Girl, Brown 37 B07F2HH38F Parentadidas Choleah Padded CP CW Shoes Women black 2016 B01LW6UP97 ParentTommy Hilfiger Womens Deane Leather Cap Toe Classic Pumps B01LWABUJX ParentBalaMasa Womens Beaded Chunky Heels Peep-Toe Pleather Pumps Shoes B07CGFTHFB ParentHotter Women’s Viviene T-Bar Heels B07B9W4RBZ Parent , With Spring And Summer Sandals Women High-Heeled Coarse And Thick With High-Heeled Summer Sandals Women High Heels B07CVYY3T1 Parent , Touch Ups Women's Dulce Dress Sandal B016R97NW0 Parent , Calvin Klein Women's Mabel Slide Sandal B06Y63J9MR Parent , AnchengKAO Buckle Strap Sandals Female High Heels Leather Black Fine With Waterproof Platform (Color : Black,... B07GZV2D4J Parent , JSHOE Women's PU Latin Salsa Dance Shoes Salsa/Tango / Tea/Samba / Modern/Jazz Shoes Sandals High Heels,Brown-heeled7.5cm-UK6... B078W836P7 ParentVolcom Women’s Thrills Zehentrenner Dress Sandal, Black, 7 UK B01IAA2YZU Parent , Minnetonka Women's Quinn Wedge Sandal - 71329Blk B01KU0XUE2 ParentUltimate Colection Ultimate Collection 703124 RRP 72.50 B01H1W12RE Parent , Suetar-SKT Ladies Peep-Toe and Woven Ankle-Strap 5CM Wedge Roman Sandals Summer Fashion Big Size Heels for Women B07DCD5WVX Parent , Reef Sandals Women Twisted Stars B Sandals Women B00K22JGQ0 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.