Legero Women’s Tanaro Trainers, White, 4 UK B073W5BBTT ParentMTNG Women’'s Vita Fitness Shoes Parent B0784TNLH9WXMDDN Women's Latin Dance Shoes Light Skin Color Dance Shoes 5cm Soft Soles Dance Shoes Satin Indoor Dance Shoes... Parent B078DZ9XHKLvYuan ggx Women's Heels Comfort Nubuck leather PU Summer Casual Comfort Green Black 4in-4 3/4in, white, us3.5... Parent B074CXZWMT , GTVERNH-Winter Tip Boots Broken Down By High-Heeled Boots Plus Velvet Female Martin Boots Winter Female Bare Boots B078JLKXTG Parent , Altra One V3 Running Shoes - SS18 B01N7KPQA6 ParentBEARPAW Women's Adele Snow Boot (8, Charcoal) B0073E680W Parent , Clarks Women's Kendra Porter Chelsea Boot,Aubergine Suede,US 8 M B01I5JOYV8 Parent , VIONIC Women's Upright Upton Ankle Boot Light Tan Boot B018TS04KU Parent , Jb Martin Dahlia, Women’s Ankle Boots B0747VJNYD Parent , Steve Madden Deem Boots Black B07H4KHJJL Parent , NVXIE Women Short Boots Rough High Heel Pointed Toe Artificial PU Belt Buckle Black Green Brown Fall Winter Party Work B07FHYT19M ParentShoestore Womens Red Nubuck-Style Velcro Warm Winter Yard Mucker Boots B01LYOB4JN ParentIkrush Womens Flossie Knit Heeled Boots B01MQ6724J Parent , Coolcept Women Winter Mid Calf Boots B0783N4NC1 ParentKEFAS Woman Winter Snow Boot 3223 KALINKA NEW 39 B006MCY4FM ParentA&N Womens Solid Zip Comfort Firm-Ground Metal White Urethane Boots - 6 UK B0762NDHSJ Parent , Alegria Women's Paloma Mary Jane Shoe, Gothic Steel, 41 M EU B06VSC3ZRZ ParentBalaMasa Womens Solid Stripes Nubuck Urethane Pumps Shoes APL11223 B07HJFGP83 ParentAlbatros Sicherheitsschuhe Unisex Adults’ S1P Sicherheitsschuh, Albatros Sport Safety Shoes B004ALIIFE Parent , Womens Fashion Pointed-Toe Stiletto Super High Heels -Sexy Cross Strap Buckle Platform Pumps For Wedding Party... B076FBH823 ParentEastlion Women's Fashion Stiletto Heel Shoes Faux Fur Sandals Pumps Court Shoes B07BG1C4KK ParentMee Shoes Women's Sexy Mid Heel Pointed Toe Slip On Mules B07DV8V913 ParentAnne Klein Toria Fabric, Women’s Toria Fabric B01N98SGAE ParentSHOESHAOGE Slotted Tie Sandals Female Fine With High Heels Women Shoes Tip B07CB4YXFS ParentGabor Ladies Pumps 85.200.35 Cherry Red B0757X4R6M Parent , LOUVEL Women's Anatomical Sandals with Strass Black in Size 39 B077RM118Y Parent , MUMA Court Shoe Korean Version Of The Summer New Style Open-toed Sandals Women With High-heeled Fine With Women... B07CG2T7W2 ParentLinzi CARA - Black Suede Slip On Cork Wedge with Velcro Crossover Front Strap B07C8LF781 ParentAndres Machado AM5231 Flower Patent/Faux Leather Slingback Shoes.Petite&Large Sizes: UK 0.5 to 2.5 / EU 32 to... B07C8QHNYK 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.