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WHEAT

- Dec 4 - Jordan seeks 120,000 MT of optional-origin hard milling wheat

- US wheat export inspections for week, ending Nov 22, recorded 252,489 MT, below trade expectations (350-600 TMT). Inspections for 2018/19 are running 18.6% behind of year-ago

- USDA said the US winter wheat crop 95% planted as of Nov 25, behind analysts’ expectations (96%), also below last-year score (99%) and 5-year mean (99%). USDA rated 55% of the US winter wheat crop in good-to-excellent condition, down 1% point from prior week and below analysts’ expectations of 56%, but ahead last year’s level of 50%

- Sovecon upped its forecast of Russian 2018/19 grain exports from 42.6 to 43.2 MMT, including 34.7 MMT of wheat (up 500 TMT from previous forecast)

- Ukrainian commercial ports in Azov Sea are operating normally despite tensions between Ukraine and Russia

- South Africa's Crop Estimates Committee (CEC) kept its wheat production forecast this year at 1.862 MMT, up 21.3% from the previous season’s crop of 1.535 MMT

- SAGIS estimated S. Africa's October 2018 wheat imports at 60,695 MT, down 83.1% on year (358,295 MT in Oct 2017). In 2017/18 (Oct-Sep) wheat imports totalled 2.174 MMT, up 132.5% on year

CORN

- Dec 5 - Jordan seeks 120,000 MT of optional-origin feed barley

- Nov 28 - Algerian’s ONAB seeks 120,000 MT of Argentine corn for Dec 15 shipment

- US corn export inspections for week, ending Nov 22, reported 1,117,580 MT, topped market expectations (0.7-1.1 MMT). Inspections for 2018/19 are running 79.9% ahead of year-ago

- USDA estimated 94% of the US corn crop was harvested as of Nov 25, matching last year’s pace, but behind analysts' forecasts of 95% and 5-year mean (96%)

- SAGIS estimated South Africa's corn stocks as of Oct 31 were at 7.96 MMT vs. 8.932 MMT a month ago and 9.194 MMT a year ago

- SAGIS estimated S. Africa's May-Oct 2018 corn exports at 1.672 MMT, up 7.7% on year (1.553 MMT in May-Oct 2017)

SOYBEANS

- US soybean export inspections for week, ending Nov 22, reported 1,105,229 MT, within trade estimates (600-1200 TMT). Inspections for the 2018/19 marketing year are running 42.3% behind of year-ago

- USDA estimated 94% of the US soybean crop was harvested as of Nov 25, behind analysts' forecasts (96%), also below last year’s pace (99%) and the 5-year mean (98%)

- Surveyor SGS estimated Malaysia's November 1-25 palm oil exports at 1,074,486 MT down 1% from a month ago

- Indonesia will maintain export tax for crude palm oil at zero for December, as the CPO reference price is seen at below the 750 $/mt. CPO export tax has stayed at zero since May 2017 due to low prices

FeedDinner 2019