- May 7 – Korea's Feed Leaders Committee (FLC) bought 63,000 tons of optional origin corn from either the Black Sea region or South America for Nov-Dec shipment

- China National Grain and Oils Information Centre (CNGOIC) expects the country's 2015/16 corn imports fall 50% to 2 MMT due to ample stockpiles and an expected 7.6% increase in domestic production to a record-large of 232 MMT

- May 8 - China auctioned off 2.48 MMT of corn from reserves, with the industrial users getting a 25 $/mt subsidy to take the stuff off the state's hands, but only 350,000 MT was said to have been sold. China sold some 14,000 MT of US corn out of 57,000 MMT auctioned on their reserve offerings on Thursday, May 7, but not sold any of the 296,000 MT of domestic corn offered

- Weekly US corn export sales data for week ended Apr 30 – 897,200 MT, incl. 841,800 MT for 2014/15 vs. expected 450,000-750,000 MT and 55,400 MT for 2015/16 vs. expected 0-150,000 tons

- Buenos Aires Exchange estimated the Argentine corn harvest 29.5% complete vs. 28.3% last year

¬- Safras estimated the total Brazilian corn crop at 82.3 MMT

- EU in week ended May 5 granted licences to export 100 TMT of corn, bringing the total this season to 2.852 MMT vs. 2.38 MMT a year ago

- EU in week ended May 5 awarded 170 KMT of corn (maize) import certificates, taking the volume so far this season to 7.952 MMT vs. 12.258 MMT a year ago

- FranceAgriMer said 82% of France's expected area under corn was sown as of May 4 vs. 75% a week ago and vs. 78% a year ago

- Ukraine's Ag Min lowered grain export projection to 30-32 MMT in 2014/15 from the previous estimate of up to 37 MMT and vs. 32.8 MMT in 2013/14

- Ukraine's Ag Min said farmers planted 3.2 MH of corn through May 8, or 72% of the planned area vs. 4.1 MH a year ago

- Russia's Ag Min said farmers planted 1.5 MH of corn through May 8, or 54.7% of the planned total planted area vs. 1.6 MH a year ago

- Russia and China have agreed to launch a $2 billion investment fund targeting agricultural projects in the two countries

- Syngenta on Friday rejected a $45 billion takeover offer from Monsanto, saying the offer undervalues the Swiss firm and does not fully take into account regulatory risk. Major Syngenta shareholders would back Monsanto bid around $50 bln