- May 12 - Taiwan (Great Wall Group) bought 65,000 MT of Brazilian corn for July shipment. The cargo for July-Aug was canceled

- Conab estimates Brazil's 2014/15 corn crop at 78.59 MMT vs. its April forecast of 79.0 MMT. Of this total 30.7 MMT is expected in the first crop and 47.89 MMT is in the 2-nd crop

- French Farm Ministry estimates new crop maize area at 1.63 mln hectares down 7% from last year

- France AgriMer estimates France's 2014/15 corn ending stocks at 3.8 MMT vs. previous estimate of 3.77 MMT and vs. 2.29 MMT in 2013/14

- France AgriMer estimates France's 2014/15 barley ending stocks at 1.29 MMT vs. previous estimate of 1.39 MMT and vs. 1.04 MMT in 2013/14

- FranceAgriMer estimated France's 2014/15 barley exports outside the EU at 3.3 MMT vs. previous estimate of 3.1 MMT and vs. 1.62 MMT in 2013/14

- USDA projected global corn production in 2015/16 at 989.8 MMTdown 0.6% from last year's record, with lower forecasts for the United States, EU, Brazil, and Ukraine.

- USDA raised 2014/15 world corn inventories to 192.5 MMT from April estimate of 188.46 MMT and vs. average expectation of 190.01 MMT. Stocks are expected at 191.94 MMT in 2015/16 vs. average expectation of 182.69 MMT

- USDA pegged US corn ending stocks for the 2014/15 crop year at 1.851 billion bushels (1.827 BB in April and 1.864 BB – average trade estimates) and projected the 2015/16 carryout at 1.746 BB (1.752 BB – average trade estimates)

- Weekly US ethanol production rose 25,000 barrels per day to 912,000 bpd the week ended May 8. Ethanol stocks also fell 463,000 barrels to 20.3 million barrels