- May 7 - Algeria (OAIC) seeks at least 50,000 MT of optional origin durum wheat for May-June shipment

- May 5 - Egypt's GASC bought 120,000 MT of Romanian, Russian wheat for June 16-25 delivery:

  • 60 TMT of Romanian wheat from Cargill at 207.9 $/t c&f (199.5 $/t fob + 8.4 $/t freight)
  • 60 TMT of Russian wheat from Vitol at 203.62 $/t c&f (194.22 $/t fob + 9.4 $/t freight)

- Egypt had procured about 1.6 MMT of local wheat since the current season began in mid-April. Egypt is targeting 3.7 MMT of local purchases this year

- Egypt's stock of wheat for its subsidised bread programme is enough to last until mid-July

- Iraq admitted that they bought 50,000 MT of US hard wheat on their previous tender at 257.35 $/mt c&f free out for June shipment

- USDA attaché in Canada estimated total wheat, barley, oats, and corn production in 2015/16 at 52.8 MMT vs. 50.8 MMT in 2014/15, particularly wheat crop at 29.55 MMT vs 29.28 MMT previous

- StatsCan estimated March 31 Canadian all wheat stocks at 16.7 MMT, lower than average guess of 17.7 MMT and vs. 22.3 MMT last year

- Russia's Ag Min has proposed lifting a wheat export duty from May 15 and to set a new formula for the payment

- Russia's Ag Min said farmers planted 1.2 MH of spring wheat through May 6, or 9.3% of the planned total planted area vs. 1.6 MH a year ago

- Kazakhstan cuts forecast for grain exports in 2014/15 to 6.5-6.6 MMT from an earlier forecast of 7 MMT and vs. 8.709 MMT in 2013/14

- Informa Economics raised its estimate of 2015 world wheat crop by 3 MMT to 718.6 MMT

- Informa Economics estimated the 2015 US winter wheat crop at 1.486 billion bushels (40.44 MMT), down from their previous estimate of 1.497 Bbu (40.74 MMT) but above 1.378 Bbu (37.5 MMT) year ago. The firm now projects the crop's average yield at 44.2 bu/acre, which would be up 1.6 bu. from 2014 but down 1.9 bu. from its estimate last month

- US crop tour found lower-than-expected yields in key production regions. Crop scouts on the first day of an annual three-day tour of Kansas projected an average yield for hard red winter wheat in the northern portion of the state at 34.3 bushels per acre, down from 34.7 bushels a year ago

- UK loads a large consignment of wheat (about 66,000 MT) to Thailand

- ADM to take full ownership of two Romanian export terminals on the Black Sea - North Star Shipping and Minmetal