K-Swiss Women's Gen-K Penny Loafer Flat, Black White, B(M) US Parent B01N39LQEK , PUMA Women's Suede Classic Perforati WN's Sneaker, Sunny Lime-Whisper White, 9.5 M US Parent B076KRFH22George Oy Pattern Sneakers Running Walking Shoes Slip On Casual Low-Top Flat Trainers Jogging Shoes For Men and... Parent B077X9NSXPMINITOO QJ7036 Women's Fashion Strappy Black Suede Ballroom Latin Tango Dance Shoes 4 M UK Parent B00VRNSXW6Semler Women’s Nelly Sneakers Beige Size: 9.5 Parent B01N3JUI4F , Puma Women’s Platform Mid Trainers Parent B072BRJT37MADELINE girl Wishes Women's Sandal, Desert, Size 6.5 US/4.5 UK US B01N5SM6K5 Parent , AIMENGA Shoes Increased Women'S Shoes In The Fall Of The New Increase In The Student Shoes Mesh Breathable Wild... B07H98LMMQ Parent , HBDLH In Spring And Summer Sequins Fish Mouth Shoes Thin Heels Single Shoes 12Cm High Heels Night Shoes. B07F2HQ5D9 ParentTed Baker Women’s Camaril Sandal, Green B072K8FKKJ Parent , El Naturalista Women’s N5046 Pleasant Brown/Rice Field Ankle Boots B07CJ815R1 ParentShangYi Women's Shoes Fleece Wedge Heel Wedges / Comfort / Ankle Strap / Open Toe Sandals Dress / Casual Black... B01FZJJ1M8 ParentFLYRCX Casual fashion comfortable bow leather flat shoes ladies office work shoes pregnant women shoes single... B07GXDP8QL Parent , BalaMasa Girls Metal Chain Glass Diamond Embroidered Imitated Leather Pumps-Shoes B01IDF22G8 ParentDivine Follie 2007 Black decollet Woman Heel Strap B075TZX9NG ParentCafè Noir MMA321010370 E17.010 Nero 37 Decollete 'Bicolor in Paint B07H6LRHHJ Parent , YKANG Large Size Stainless Steel Metal Stiletto 22CM Sexy Low To Help Women's High Heels,Red,11 B07HG2P7VD Parent , ara Alassio, Women’s Ankle Strap Sandals B01L8996IS Parent , POINTED TOE PATTERNED HIGH HEELS WITH CUT OUT DETAIL B071HSSJ7M Parent , Odomolor Women's Kitten-Heels PU Solid Buckle Round-Toe Pumps-Shoes, Beige, 37 B07BBSBRYT ParentAisun Women's Graceful Pointy Toe Slip On Bowknot Pumps Court Shoes B07CCNB47D Parent , Carolbar Women's Chic Pointed Toe Custom Court Shoes B078X5T3M1 Parent , Clarks Tri Weave Leather Shoes in Tan B078PMJTRH ParentSHOESHAOGE Shoes Female Spring Autumn Tip One Word Buckle Belt Fine Heel Heel High Heel Shoes Women'S Shoes B0753LNH3R ParentMARCO TOZZI Women’'s 28209 T-Bar Sandals B077SXKC4W ParentWater is critical to women's shoes sandals fashion fine with dew-toe sandals female ultra-like, pink 35 B07BPWNWZ8 Parent , Mustang Women’s 1246-401-243 Loafers, Grau (243 Ivory) B06XDCYDPN ParentGrunland CI1315 FIBA Ciabatta Donna P. B079TB8ZWG ParentAARZ LONDON Womens Ladies Casual Mule Open-Toe Soft Medium Block Heel Slip-On Party Sandals Shoes Size B07BDLSWZQ Parent , Kaloosh Women's Glitter Fabric Rhinestone Peep Toe Stiletto Buckle Strap Platform Sandals B078V6GLN5 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.