Superga 2750-woolpoisw, Women’s Flatform Pumps Parent B01G2T6CUY , BOBERCK Pascalle Collection Fashion Trainers Parent B07CPBGY56Superga Unisex 2750 Cotmetu Silver-031 Trainer Gs002Hg0U 7 UK Parent B004PVU0I2Vans Unisex Adults' Old Skool Low-Top Trainers B00L4GHZ0W Parent , Sonnena Women Open Toe Peep Toe Platform High Heel Gladiator Sandals Chunky Shoes B078KGDSHF ParentHudson Garnett Suede, Women’s Ankle Boots B015FVAG0W ParentJessica Simpson Women's Ciarah Winter Boot B01L0T7P16 Parent , round Martin Boots Women's England rough Short Boots Women's Shoes , black , EUR 35.5 B0779PHWM5 ParentBrinley Co Women's Effle Ankle Boot B01HSA750W ParentMen's/Women's Rieker Women's 53234-00 Boots B0754L5TQ8 Parent Rich design Modern and stylish fashion Global sales , Be Only Botte Belt, Women’s Boots B004UKOX2W ParentMarco Tozzi Women’s 2-2-25123-21 820 Combat Boots B07D49LN3R ParentMaguidern Pumps Shoes 5 inches High Heels, Wedding and Party Dress Stiletto Pumps Pointed Toe Shoes Peach Size 10 B07FLSXRD7 Parent , Calaier Women's Cawindy Court Shoes blue blue B06XWTH14S ParentSISHUINIANHUA Women's wedding shoes/Spring and summer/bridesmaid and bride/handmade decals Pearl/banquet and party... B07HNZD3YQ ParentHogan Women's Pumps Purple Suede Shoes AZ167 B01E8OKNT6 Parent , MHSXN Ms. Fashion Pumps Party Stiletto Pointed Shoes Woman Elegant Black Evening Shoes B07D13DKXD ParentXQY Women'S Shoes - Autumn And Winter Fashion Simple Martin Boots/Flat Bottom Increase In The Middle Of The Tube... B07HLW4SW1 ParentPropet Women's Benita Sandal,Black,6.5 B US B008V22XS6 ParentAgooLar Women's High Heels Solid Buckle Patent Leather Round Closed Toe Pumps-Shoes B01K222K7G ParentLifeStride Womens Jade Closed Toe Classic Pumps B000LYQS06 Parent , 2Star Sneakers Women Suede Black, Turquoise and Green 2SD1154NERO Black 8UK B01J8YIAQY ParentGentlemen/Ladies Blu Byblos - Flared_682358 B07D6YSSCV Parent excellent quality International choice Direct business , Stonefly Sandals and Slippers for Women, Colour Gold, Brand, Model Sandals and Slippers for Women Aqua III 2 Gold B07B8QN514 Parent , AIKAKA Women's Shoes Spring Summer Word Open-Toed Suede Large Size Sandals B07F1FP2FG ParentSummer Sandals Women Flat-Bottomed Non-Slip Flat With Velcro Fastener And Versatile Lounge Terrace And Student... B07DMVWVG9 Parent , XUERUI Summer New Open-toe Sandals Platform Comfort Waterproof Platform Super High Heels (Size : EU36/UK4/CN36) B07CQKXG94 ParentDivaz Ladies Wedge Heeled Slingback Sandals Style Gomez Col Black sz 36-41 B06ZYQYFP4 ParentHGDR Ladies Womens Open Toe Sandals Slippers Summer Flip Flop Ankle Strap Flat Beach Shoes Sandals B07F2MJTV8 ParentZaxy Women's Clubber Slide Sandal B072188YDW 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.