Ash Footwear Nymphea Bistro Suede and Printed Trainer Parent B074TH7NMM , T.T-Q Women's Dance Shoes Ballet Leather Canvas Flat Heel Beige Parent B07FQPTMVBRUGAI-UE Sandals Women Thick Bottom Flat Shoes Pearl Sponge Parent B073WT13WQMINITOO Ladies TH161 Cross Strap Low Heel Blue Satin Wedding Ballroom Latin Taogo Dance Pumps Shoes 3 UK Parent B01N6B03VC , ZH Winter Cotton Slippers Cute Home Slippery Warm Thick Cotton Slippers,A,38 Parent B078K82NQ2 , MINITOO Ladies TH024 Fashion Buckle Black Satin Wedding Ballroom Latin Taogo Dance Sandals 6.5 UK Parent B01CX4XAUCDalliy Fire Flames Women's Canvas Shoes Footwear Sneakers Shoes Parent B072R5XL7T , MINITOO Women's Beige Stylish Suede Leather Latin Salsa Ballroom Dance Shoes 7 M UK Parent B011760BJU , LvYuan ggx Women's Heels Slingback PU Spring Casual Slingback Ruby Black 3in-3 3/4in, ruby, us6/eu36/uk4/cn36 B074CYP82D Parent , Reebok Women's Zpump Fusion Urban Running Shoe B00RW5FACE ParentFila Women's Galvanize SR Man-Made, Rubber Slip On Shoes B074NB385K Parent , SHOESHAOGE Sandals Season High Heel Sandals Women With Big Yards Roman Women Shoes Women'S Shoes B0753MNQPD Parent , HooH Women's Thigh High Boots Adjustable Strap Buckle Knight Boots Flats Over The Knee Boots B01NADD2QR ParentA&N Girls Square Heels Round Toe Pull-On Frosted Boots B01N7OMTYO ParentWomen's Low Heel Warm High Over The Knee Long Boots B07GXGT3N8 Parent , JIA JIA Women's Bridal Shoes 5372 Closed Toe Satin Flats Rhinestone Wedding Shoes B0799BKB4R ParentGentlemen/Ladies Jana Women's Court Shoes B07H6G43H6 Parent Excellent value Modern design comfortableGabor Women's 84.163.47 Court Shoes Black Black B077GJ64GY Parent , Shoe Biz Women’s Bjã˜Rk Closed-Toe Pumps B01FYZN8OU Parent , XDX Women'S Boots - Autumn And Winter Warm Boots/Low Heel Round Head Boots/Matte Martin Boots/Large Size Women'S... B07J6J8H6C ParentAllhqFashion Women's Patent Leather Kitten-Heels Buckle Square Closed Toe Pumps-Shoes B01JRHHAMC ParentOdomolor Women's Solid Frosted Kitten-Heels Pull-On Closed-Toe Pumps-Shoes, Watermelonred, 33 B07BBKXTPC Parent , JIA JIA Women's Bridal Shoes A31B3 Closed Toe High Heel Satin Pumps Rhinestone Wedding Shoes B07C966M46 Parent , Allhqfashion Women's Pull-On Blend Materials Solid Round Closed Toe Pumps-Shoes, FBUDD011531 B07H89B9KB ParentXY Sandals Loose Cake Bottom Flip Flop Female Summer Fashion High Heel Outdoor Cool Slippers Thick Bottom Rhinestone... B07FXMJTDJ Parent , Caprice Women’s 29604 Sling Back Sandals B07969ZTVG ParentKoyi New Sweet Sandals Bohemian Flowers Flat Shoes Women Pump B07FRP63JF Parent , LBLX Open Toe Breathable High-Heeled Sandals B07D47QL5Q Parent , Exing Women's Shoes Summer New Sandals High-Heeled Suede High-top Shoes Comfort Novelty Heels Walking Shoes Red... B07CG5LBKJ ParentGiani Bernini Womens SADIEE Open Toe Casual T-Strap Sandals B003EGYQ3E 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.