adidas Originals Women's Superstar Slipon W Sneaker core Black/White, 10.5 M US Parent B071Z79LFX , MINITOO QJ7045 Ladies Closed Toe Gold Synthetic Latin Salsa Tango Dance Shoes 5.5 UK Parent B019GZ261U , PUMA Women's Trinomic XT-1+Clear Sneaker, Black, 9 B US Parent B00OPNI01YWomen'sHeels Spring Summer Comfort Suede Dress Stiletto Heel Parent B074PKPHX9 , Natural World Baskets 102E Turquoises Parent B071W41XJB , RTRY Women'S Sandals Comfort Pu Spring Summer Casual Dress Comfort Flat Heel Black Beige Blue Flat Blue Us7.5/... Parent B074CW7HC2 , Spot On Womens/Ladies Union Jack Print Wellies Parent B01BU5EZO0Nike air effect III 3 leather mens trainers sneakers shoes 386493 103 B004LBYMPS Parent , Gabor Shoes Comfort, Womens Boots B00L42BXOU Parent , Mustang Heel Ankle Boot Womens Boots B075T3778J ParentRTRY Women'S Shoes Pu Fall Winter Combat Boots Boots Chunky Heel Knee High Boots For Casual Dress Black B0784T6BBB ParentLadies Womens Black Diamante High Heel Evening Party Prom Sandals Shoes B00JZNP86Y ParentOlivia Miller Women's Calista Boot B014KX5BNS ParentTromsö 60,810 Varomed Unisex-Adults VERBAND- & Rehaschuhe B0030T11FQ Parent , Shiney Women's Stiletto Heels Platform 16CM Artificial PU High Heels Party B07GBYXS39 Parent , UMBERTO LUCIANI Courts Woman 36 EU Beige Leather AG451 B01MG0G9PO ParentCalaier Women's Caelse Court Shoes Purple Size: 9 B06XB82MMB Parent , Flower-Ager Y1195-01 Women Satin Prom Peep Toe Kitten Heels Dress Pumps Wedding Evening Court Shoes,Silver,UK2... B07FDBC1YX Parent , PEDRO MIRALLES Women’s C29270 Wedding Shoes B07894S56Z Parent , ECCO Women’s Felicia Open Toe Sandals, Pink B075KPTSM9 ParentFornarina PE18TE3073 Wedge Sandals Women B07GBZTWHD Parent , Shoes 8.5cm, 10.5cm Red Europe and The United States Hollow Banquet Pointed High Heels, Sexy Golden Foot Ring... B07BF9PT4Z Parent , MUYII Women's Leather Horseshoe Heels Shoes Metal Buckle Pointed Shallow Sandals B07D1PLC66 Parent , Women's Sandals Fashion Summer Platform Heels Loose Sandals Summer Swimwear Swimwear Women's Slippers High-waist... B07FNGFSXB ParentNVXIE Womens Round Peep Toe Bohemia Roman Beach School Sandals Ankle Strap Summer Flip Flops School Flat Shoes B07FSHCQFV ParentAalarDom Women's Buckle Low-Heels Frosted Solid Open-Toe Sandals, TSDLH007892 B07H4C7GLG ParentYAnFAn & Sandals Sandal Slip-On for Woman Ladies Stylish Flat Heel Sport Slipper in Summer Comfortable Soft Shoes... B07FDKBLR2 ParentYellow Box Women’s Sierra Sandal B0765S2R32 Parent , YUCH Women's Sandals High Heel After The Zipper B07DLGB6PH ParentHeels Sandals/Ankle Strap Sandals/Open Toe Sandals/Women’s Sandals/A Large Number of Fields and Women's Shoes... B07D8Y3W8N 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.