Franco Sarto Women's Hadden Loafer Flat B07CSQQJS1 ParentHogan Shoes Woman Low Sneakers HXW3710AP20JI7303C H371 INTERACTIVE3 Parent B07GSFDSVJCLARKS Women's Trigenic Flex White Nubuck 8.5 B US Parent B0754FM93GBritish Knights BK Sneaker B38-3713 Roco Cognac Franzen Women Brown Parent B074ZKNGBMGeorge Oy Rainbows Clouds Sneakers Running Walking Shoes Slip On Casual Low-Top Flat Trainers Jogging Shoes For... Parent B0785D6Y31Asics Gel-Tactic, Womens Volleyball Shoes Parent B00MA3XW7SMINITOO Ladies TH024 Fashion Buckle Black Satin Wedding Ballroom Latin Taogo Dance Sandals 8 UK Parent B00TDG5UMASkechers Sport Women's High Seas Fashion Sneaker Parent B00VQLEO40 , Gentleman/Lady Toggi Augusta Jodhpur Boot B004BEASIK Parent Clearance price Comfortable touch Selling new productsHoka One One Clifton 4 Trainers B01MU2VBYL ParentECCO OFFROAD, Women's Athleitc Sandals B00OAUSYQS ParentGentlemen/Ladies Dolce Vita Womens Sonya B01K5TX4N0 Parent High quality and low overhead modern Very good classification , Caprice Women's 99 25522 29 022 Boots B074JHCK2C ParentBbdsj Women High Heels Sexy Fashion Heels 9cm Pointed Heels.Personality Heels High Heels Professional Womens Shoes.pink... B0777QFK5C ParentDivaz Womens/Ladies Manson Tall Boots B078CPWX2L Parent , Joe Browns Embroidered Suede Boots, Women’s Chelsea Boots B06XZ63YX1 ParentBalaMasa Womens Pull-on Color Matching Thick Bottom Heel Round Toe Frosted Boots B01MFAEYZM ParentKOKQSX-Short boots pointy heads thin heels Martin boots high heels 7CM wild jokes. Thirty-eight Apricot color B07HM3R25M ParentPin Up Couture BETTIE-13, Black Patent/Black Satin, 4 UK B004OUZ5J8 ParentCalvin Klein Women’s Gogo Pump B071G2JFMK ParentWgwioo Boots Female Short Boots Cotton Low Flat Heel Warm Casual Thicker Plush Winter Ankle Shoes B0773PQYV9 Parent , Men's/Women's Giudecca Jycx15pr101-ab11, Women’s Sandals B016WFEP20 Parent Selling Online British temperamentSeirus Black Fleece Balaclava Face Protector B0018BGFVS Parent , GLTER Women Pointed Toe Pumps 2018 New High Heels Snake Pattern Charming Single Shoes Banquet Shoes B07CK419HP Parent , Kitzen Womens Sandals Rhinestones Muffled Open Toe Flowers Hollow Ladies High Heel Platform Party Wedding Peep... B07B4YFDB6 Parent , ZPEDY Women's Shoes, Fashion, Booties, Pointed, Zipper, High Heels, Comfort B07HN86RMX Parent , Athena Alexander Women's Lunna Wedge Sandal B01L14ZUUS Parent , DIESEL Women Leather mid Sneakers Zena Black 100% Made in Italy (40 EU, Black) B01LWMBGYI Parent , Allhqfashion Women's Pu Open-Toe Kitten-Heels Buckle Solid Sandals, FBULD015158 B07GK8CL49 ParentAisun Women's Dressy Glitter Buckled High Stiletto Heels Sandals B07D6MXZS1 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.