Enzo Angiolini Womens Lianne Closed Toe Loafers B079G38GVP ParentPUMA Women's NRGY Neko Knit Sneaker, fig Silver, 10 M US Parent B07BC14G1K , Men's/Women's Converse Men's Breakpoint Ox Parent B06XHSYNY3 Louis, elaborate Impeccable Various latest designsFind Nice Womens Open Toe Ankle Straps Kitten Heel Comfort Latin Tango Cha-Cha Swing Ballroom Party Wedding Soft... Parent B07FH85GK2 , Puma Carson Runner Cv, Unisex Adults’ Running Shoes Parent B015OBNYDE , RTRY Women'S Heels Light Soles Spring Fall Pu Casual Dress Kitten Heel Blushing Pink Ruby Black White 1In-1 3/4In Parent B075MBPQYGPUMA Women's Basket Fierce EP White White 11 B US Parent B074KJGCJB , NIKE Women’s Md Runner 2 Derbys Parent B00VF9Y4MA , Converse Kid's-Allston Ox charcoal/626793in Charcoal Parent B005V1R7UOCIABOO AX30 sneakers Woman 41 EU beige Canvas Parent B01KZGZ78IPUMA Women's 76 Runner Mesh Suede Blue Heaven/Black 9 M Parent B016XA7E4A , QWERTYUIOP Ladies Latin Dance Shoes,Soft Bottom Ballroom Dance Shoes Child Dancing Sandal Parent B07HCWSSD1 , Boras Women's Trainers multi-coloured orange/green/black Parent B06XS6C2H1Kenneth Cole New York Women's Kam-NYC Fashion Sneaker Parent B01N2W8XZ5ligaosheng Women's Sandals Spring Summer Fall Other Glitter Party & Evening Dress Casual Stiletto Heel Sequin... B07FJQRCNN Parent , Saucony Women’s Ride 9 W Running Shoe, Purple, US B01GIPXWPU ParentSuunto Unisex's Ambit3 Vertical HR GPS Watches-Blue B01AUIFB28 ParentSelected Women’s Sfbeathe Leather Noos Chelsea Boots, Black B06XVZFK4Y Parentadidas Unisex Adults’ Nemeziz Tango 17.4 Tf Jr Cp9216 Football Boots B07BYJPF6R Parent , New Look Women’s Carlson 5362318 Chelsea Boots B074QRW51D ParentPleaser Women's Illu1018ch/Smpu/Sch Ankle Bootie B01ABTEEN8 Parent , Rainbow Club Stevie - Ivory Satin Low Heel Pumps Flat Bridal Shoes B013039EMI ParentYukun High heels Shoes Women'S Shoes Women'S High Heels Women'S Fine With Single Shoes Shallow Mouth Wild Small... B07HD3D2NN Parent , MUYII Women's Cinderella Crystal High Heels Bridal Wedding Shoes Fine Stiletto Glitter Sandals,Gold-5.5CM-33 B07D2GXNPT Parent , AgooLar Women's Pointed Closed Toe Kitten-Heels Solid Pull-On Court Shoes B07CVC6MQX Parent , YMFIE Stylish and comfortable strap tassel flat bottomed toe sandals ladies non-slip sandals B07FHL2KP4 ParentAllhqFashion Women's High-Heels Soft Material Solid Buckle Pointed Closed Toe Sandals B01G6QIFR6 Parent , CFP Womens Noble Classical Unique Glitter Rhinestone Wedding Party Slip on Flat Leather Slippers B01I61EBDQ ParentPodoWell Unisex Adults' Magik Hi-Top Slippers B01MTX7M2J ParentOnewus Gladiator Sandals With 3-Colors and Large Size Available/Casual Summer Boot Sandals B078ZDZJCH 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.