- There was talk of India buying 4 cargos of Australian wheat this week for blending, with a total of 6 bought in the last week

- Canada said that Colombia has eased import requirements for Canadian wheat

- Crop scouts on the first day of three-day tour of Kansas estimated an average yield for hard red winter wheat in north Kansas of 34.3 bushels per acre, down from 34.7 bushels a year ago and vs. a five year average of 42.5 bush/acre. The 2015 figure was the lowest for the tour's first day since 2001

- The European Commission cut its forecast for the EU wheat inventories for 2015/16 by 1.2 MMT to 15.04 MMT, mainly due to a 1.5 MMT increase in animal-feed use. Commission lifted its estimate of this year's EU soft wheat harvest to 141.6 MMT from 141.1 MMT a month ago, but down sharply from a record 148.2 MMT in 2014

- The Australian Competition and Consumer Commission (ACCC) on Thursday proposed exempting Newcastle Agri Terminal and Qube Holdings Limited from regulations that oblige Australian port operators to grant access to rivals for the export of bulk commodities due to an increased number of ports in the northern New South Wales region and as they face tepid demand with dry weather curbing wheat production

- Russia's Ag Min had proposed lifting a duty levied on wheat exports from May 15 and for the government to set a new tax formula from July 1. Ministry had proposed that exporters should pay 1 $/mt as a symbolic duty as long as the price does not exceed 12,000 roubles ($237.25) per tonne and offers several ways of calculating the duty when the price is higher

- FAO forecasts 2015 global wheat crop at 719.1 MMT vs. 729.5 MMT in 2014. Global ending stocks in 2015/16 are estimated at 198.9 MMT vs. 199.9 MMT in 2014/15