- Black Sea wheat exporters making aggressive offers in Asia. Black Sea wheat to Asia for July-August shipment is being offered at 210 $/t, c&f, down from 240-250 $/t two weeks ago and compares with 245 $/t, c&f for a similar standard of Australian wheat

- Black Sea sales to Asia could climb to around 6-7 MMT in 2015/16 vs. an estimated 4-5 MMT in 2014/15.Thailand and South Korea each could take close to 1 MMT for animal feed, while the Philippines needs about 500,000 tons of feed wheat a year. Indonesia is expected to import Black Sea wheat to blend with higher quality grain from Australia and North America for flour

- Favorable weather in China, Canada, Russia and improved weather in EU pressured wheat market

- MARS lifted its yield forecast for this year's EU's soft wheat to 5.89 t/ha from 5.79 t/ha last month, down 3% from last year, but 3.7% above the 5-year average

- USDA estimated 42% of the US winter wheat crop good to excellent (G/E) as of Apr 26, below market expectations for 43% G/E, unchanged from a week ago and vs. 33% a year ago

- USDA said the US spring wheat crop 55% planted as of Apr 26, within trade expectations, vs. 36% a week ago, and vs. 17% a year ago and vs. a five year average of 29%

- US wheat export inspections for week, ending Apr 23, recorded 543,929 tons, topping trade expectations

- Apr 28 - Russia bought 38,610 tons of intervention grain (wheat). Making the total bought since Sept 30 at 726,010 tons, including wheat – 519,075 tons, barley – 113,650 tons and rye – 93,285 tons