ZormeyWomen'S Boots Winter Mary Jane Pu Casual Chunky Heel Parent B072XLDMYHConverse Mens High Street Canvas Mid Sneaker Parent B01N1UEU9M , PLOT❤Clearance Baby Girls Toddler Kids Fall Winter Coat Jacket Outerwear Tops Hoodie Clothes 1-5T Parent B07HC3XDV7 , YouPue Women PU Leather Square Dance Shoes Soft Bottom Low Heel Modern Hollow Dance Sneakers Solid Color Parent B076VK3CB5 , Man's/Woman's PFIFF Jodhpur boots, padded Parent B00CAUTZJU Attractive and durable Let our goods go to the world Full range of specificationsHarry's Horse Leather Pull On Jodhpur Boots Saint, Womens, Jodhpurstiefel Leder Saint - 45 Parent B00WZS6AL8 , Chiara Ferragni Women's CF1894RED Black/Red Leather Sneakers Parent B07HGHJCXH , Philippe Model Women's MCBI238100O Silver Leather Sneakers Parent B07HGJHW1Q , Official Shoes Asics Endurant Running Shoes Womens Grey/Coral Run Jogging Trainers Sneakers B07CZ427SQ Parent , KPHY The New 10Cm All-Match High-Heeled Shoes Waterproof With A Fine Ladies Shoes Autumn And Winter Tip Single... B07CBMZ5TJ Parent , adidas Women’s Response Tr Trail Running Shoes B01MZ3Q93E Parent , ASICS Women's Gel-Quantum 360 3 Running Shoe,Corydalis Blue/Carbon/Aluminum,US 6 B06XDXKMDS Parent , Saucony Women's Redeemer ISO 2 Running Shoe B078PQYN8C ParentHarley Davidson Women's Rosana Black Leather Boot B005BK70TS ParentPaul Green Women's 8996-031 Boots B073VDNCZK Parent , J Slides Women's Poppy Ankle Boot B074QQHTGT Parent , Alfani Womens Viollet Leather Closed Toe Ankle Fashion Boots B076C41KNB ParentWALDHAUSEN riding boots Comfort – S black Size:38 (EU) B007A1ONEQ Parent , Ximu Spring New Bow Round Comfort Female Peas Shoes Fashion Comfortable Pumps Sandals B07CDR4FNG Parent , Aisun Women's Chic Pointy Toe Ankle Strap Pointy Toe Sequins Court Shoes B078W85C48 Parent , Remonte Women’s D5002 Sling Back Heels, Black, 4 UK B01MFB0WIV Parent , SJJH Women Autumn Court Shoes B07H7MXDXM Parent , AalarDom Women's Square-Toe Pumps-Shoes Studded Kitten-Heels Pumps-Shoes, TSDDH004330 B07HFP9YQT ParentCofra 26690-000.W40 Size 40"Far Oe" UK S3 CI HRO SRC Safety Shoes - Beige B01G5UMIIA ParentGTVERNH Women'S Shoes/7Cm Pointed Head Diamond Wedding Shoes Thin Heels Sandals Hollowed Sandals Crystal Wedding... B07GFL5CHS ParentSandals CJC High-Heeled Open Toe High Heels Thin High Heels Elegant Sexy Fashion Lazy Shoes B07DPL54CB Parent , Think Chilli Größe 37, Farbe grau B01AT5OB9Q ParentChaleur DEVON Ladies Suede Leather Wedge Mule Slippers Red B074W7C2GG Parent , IGI Dcd 11762, Women’s Open-Back B077NLSHBM Parent , XTI Women’'s 046860 Platform Sandals B01N7TRODV 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.