- May 21 - Japan bought 116,905 MT of food wheat for June-July shipment:

  • 18,329 MT of western white US wheat
  • 6,530 MT of hard red winter US wheat
  • 29,946 MT of dark northern spring US wheat
  • 28,740 MT of Canadian western red spring wheat
  • 33,360 MT Australian standard white

- May 20 - Taiwan Flour Miller Association bought 101,950 MT of US milling wheat for July shipment

- There are concerns about potential crop damage in the United States and Russia, due to wet conditions in US southern belts and cold further north, while hot, dry weather is expected in southern Russia for the end of May

- Russian grain stocks at 19.1 MMT as of May 1, up 21.3% from a year earlier

- SovEcon says Russian wheat export prices won't rise despite lifting export tax because traders need to clear stocks before the start of the new season

- Russia's Ag Min said farmers planted 6.0 MH of spring wheat through May 20, or 45.7% of the planned total planted area vs. 7.0 MH a year ago

- Kazakh Ag Min said farmers planted 1.84 MH of spring cereal grains through May 21, or 12.5% of the planned total planted area vs. 4.17 MH a year ago

- Lanworth raised its forecasts of 2015 wheat crop for Canada to 31.2 MMT, for Ukraine to 23.2 MMT, for Russia to 60.7 MMT, while lowered its estimates for EU-28 to 150 MMT and India to 93.2 MMT

- Indonesia's president could be forced to backtrack on promises to curb rice imports, with analysts saying the country may ship in 1.3-1.6 MMT of the staple grain this year due to soaring prices at home and the threat of a strong El Nino. State rice stocks currently stand at about 1.2 MMT compared with almost 2 MMT around mid-2014