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WHEAT

- Dec 6 - Japan seeks 143,643 MT of food wheat for Jan-Mar shipments:

  • 24,160 MT of western white US wheat;
  • 11,115 MT of dark northern spring US wheat;
  • 27,700 MT of hard red winter US wheat;
  • 59,378 MT of Canadian western red spring wheat;
  • 21,290 MT of Australian standard white wheat

- Syria's Hoboob is seeking 200,000 MT of soft wheat from Russia, Romania or Bulgaria

- Dec 4 - The lowest offer in Bangladesh’s tender for 50,000 MT of wheat came in at 284.05 $/mt C&F liner out from Aston. Other offers were: Swiss Singapore Overseas – 289.14 $/mt, Agrocorp – 291.38 $/mt

- Dec 3 - The lowest offer in Iraq’s tender for 50,000 MT of hard wheat came in at 320.31 $/mt cif for US wheat. The tender closed on Dec 3 and offers must remain valid up to Dec 9

- US wheat export inspections for week, ending Nov 29, recorded 472,665 MT, within trade expectations (300-500 TMT). Inspections for 2018/19 are running 17.2% behind of year-ago

- EU this season in period of July 1-Dec 2, 2018/19 exported 6.426 MMT of soft wheat compared to 9.025 MMT a year ago

- ABARES forecasts 2018/19 Australian wheat crop at 16.956 MMT, down 20.2% from 21.244 MMT in 2017/18 and the lowest since 2008

- India's wheat production could fall in 2019 from record output this year as lower moisture levels and higher temperatures in key growing regions are threatening yields of the winter-sown crop. India harvested a record 99.7 MMT of wheat in the crop year to June 2018. Government wheat stocks stood at 33.14 MMT as of Nov 1, up 39% from a year ago

CORN

- US corn export inspections for week, ending Nov 29, reported 1,035,255 MT, within market expectations (0.7-1.2 MMT). Inspections for 2018/19 are running 80.1% ahead of year-ago

- EU this season in period of July 1-Dec 2, 2018/19 imported 8.289 MMT of corn (maize) vs. 6.243 MMT a year ago

- EU this season in period of July 1-Dec 2, 2018/19 exported 757,928 MT of corn vs. 504,451 MT a year ago

- EU this season in period of July 1-Dec 2, 2018/19 exported 2.178 MMT of barley vs. 2.361 MMT a year ago

- EU this season in period of July 1-Dec 2, 2018/19 exported 1.125 MMT of malt in barley equivalent vs. 1.257 MMT a year ago

- Brazil’s Trade Ministry reported November corn exports at 3.997 MMT, up from 3.201 MMT in October and up vs. 3.52 MMT in the year-ago month

- ABARES forecasts 2018/19 Australian barley crop at 7.312 MMT, down 18.1% from 8.928 MMT in 2017/18

- ABARES forecasts 2018/19 Australian sorghum crop at 1.524 MMT, up 5.9% from the 1.439 MMT in 2017/18

- ABARES forecasts 2018/19 Australian chickpeas crop at 330,000 MT, down 71.3% from 1.148 MMT in 2017/18

SOYBEAN

- Dec 3 - USDA announced export sales of 147,500 MT of US soybeans for delivery to unknown destinations during 2018/19

- US soybean export inspections for week, ending Nov 29, reported 1,041,666 MT, within trade estimates (500-1250 TMT). Inspections for the 2018/19 marketing year are running 42% behind of year-ago

- USDA estimated US October soybean crush for crude oil at 5.489 million short tons, matching average market expectation, an 8.1% increase from September and above last year level (5.277 mln tons in October 2017). Crude soyoil stocks rose to 1.695 billion lbs as of October 31 from 1.643 in September, above the 1.3 bln lbs a year ago, while refined oil stocks were at 346.72 million lbs as of October 31 vs. 347.087 in Sept and 325.863 in Oct 2017. October US soy cake and meal stocks were at 397,413 tons vs. 498,862 in Sept and vs. 350,935 tons a year-ago

- Brazil’s Trade Ministry reported November soybean exports at 5.072 MMT, down from 5.353 MT in October but up vs. 2.143 MMT a year ago. Also Brazil exported 1.09 MMT of soymeal in November versus 1.142 MMT the month before and 1.071 MMT a year ago; and 22,746 MT of soyoil compared to 79,196 MT in October and 73,501 MT a year ago

- Indonesia's soybean imports in 2018 are seen at 2.3-2.5 MMT, below last year's level of 2.67 MMT

- ABARES forecasts 2018/19 Australian canola crop at 2.241 MMT, down 38.9% from 3.669 MMT in 2017/18

- EU this season in period of July 1-Dec 2, 2018/19 imported 5.687 MMT of soybeans vs. 5.234 MMT a year ago

- EU this season in period of July 1-Dec 2, 2018/19 imported 7.259 MMT of soymeal vs. 8.649 MMT a year ago

- EU this season in period of July 1-Dec 2, 2018/19 imported 1.783 MMT of rapeseed vs. 1.894 MMT a year ago

- EU this season in period of July 1-Dec 2, 2018/19 imported 196,395 MT of sunflowerseed vs. 216,205 MT a year ago

- EU this season in period of July 1-Dec 2, 2018/19 imported 1.04 MMT of sunflower meal vs. 1.361 MMT a year ago

- EU this season in period of July 1-Dec 2, 2018/19 imported 502,643 MT of sunflower oil vs. 718,054 MT a year ago

- EU this season in period of July 1-Dec 2, 2018/19 imported 2.499 MMT of palm oil vs. 2.86 MMT a year ago

FeedDinner 2019