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WHEAT

- Feb 1 - Japan seeks 111,294 MT of food wheat for Mar-Apr shipments:

  • 20,426 MT of western white US wheat;
  • 9,680 MT of dark northern spring US wheat;
  • 26,180 MT of hard red winter US wheat;
  • 32,653 MT of Canadian western red spring wheat;
  • 22,355 MT of Australian standard white wheat

- Jan 30 - Argentina registered 102,470 MT of wheat for export

- Jan 30 - Jordan has made no purchase in an international tender for 100,000 MT of optional-origin milling wheat

- US wheat export inspections for week, ending Jan 25, recorded 579,875 MT, topped trade expectations (250-450 TMT). Inspections for 2017/18 are running 3.7% behind of year-ago

- Condition ratings for winter wheat declined in January in several southern US Plains states that have been hit by drought, including top producer Kansas

- Jan 30 - China sold 455,059 MT of wheat from state reserves or 22.1% of the offered amount (2,057,670 MT) at auction at average price of 2,444 RMB/mt (386 $/mt)

CORN

- Jan 30 - Argentina registered 46,000 MT of corn for export

- Jan 29 - Argentina registered 559,032 MT of corn for export

- Jan 30 - USDA announced export sales of 132,000 MT of US corn for delivery to Spain during 2017/18

- Jan 29 - USDA announced export sales of 115,000 MT of US corn for delivery to Egypt during 2017/18

- US corn export inspections for week, ending Jan 25, reported 993,506 MT, near the upper end of market expectations (700-1000 TMT). Inspections for 2017/18 are running 34.2% behind of year-ago

- South Africa's Crop Estimates Committee (CEC) estimated corn plantings this year at 2.309 million hectares, above the average market expectations of 2.159 mln ha, but 12.15% or 319,400 ha less than the 2.629 million ha planted for the previous season, and also 6.5% or 161,200 ha less than the intentions to plant figure of 2.47 mln ha released in October 2017

SOYBEAN

- Jan 30 - Argentina registered 95,000 MT of soymeal for export

- Three South Korean buyers purchased a total of about 39,000 MT of Indian rapeseed meal for May arrival in a series of separate deals last week:

  • Feed Leaders' Committee (FLC) purchased 15,000 MT at 259 $/mt c&f;
  • Feed Buying Group (FBG) bought 12,000 MT at 262 $/mt c&f;
  • Major Feedmill Group (MFG) purchased 12,000 MT at 265 $/mt c&f

- Jan 24 - Korea’s NOFI bought 12,000 MT of Indian rapeseed meal at 265 $/mt c&f for May 10 arrival

- US soybean export inspections for week, ending Jan 25, reported 1,104,978 MT, within trade estimates (0.8-1.3 MMT). Inspections for the 2017/18 marketing year are running 14% behind of year-ago

- CEC lowered its estimate of soybeans plantings to 701,000 ha from 720,000 ha in Oct, which is 22.1% more than last year's acreage

- CEC cut its estimate of sunflower seed plantings to 560,100 ha from 665,500 ha in Oct, which is 11.9% less than last year's acreage

- Indonesia will maintain export tax for crude palm oil at zero for February, tenth consecutive month, as the CPO reference price is seen at below the 750 $/mt

Grain Ukraine 2018

FeedDinner 2018