- May 22 - USDA announced export sales of 101,950 MT of US wheat to Taiwan for 2015/16 delivery:

  • 31,500 MT hard red winter
  • 59,600 MT hard red spring
  • 10,850 MT soft white wheat

- Algeria bought 450,000 MT of optional origin wheat, most likely from France, at 213-214 $/t for August shipment

- Malaysia bought 12,000 MTof Russian wheat, 12.5% protein, at 210 $/t c&f for August shipment

- Philippines and Indonesia bought 50,000 MT of Black Sea wheat each for August shipment, paying between 210 and 215 $/t

- Thailand bought 45,000 MT of US spring and white wheat for September (300$/t for spring and 260-270$/t for white)

- Egypt bought around 4 MMT of local wheat so far in the procurement season which began in mid-April, surpassing its target of 3.7 MMT

- Weekly US wheat export sales data for week ended May 14 – 202,600 MT, incl. 74,400 MT for 2014/15 (expected -200,000-+50,000 MT) and 130,200 MT for 2015/16 (expected 200,000-350,000 MT)

- EU in week ended May 15 awarded licences to import 6,000 MT of Ukrainian wheat under an annual duty-free quota. The award meant that the EU had now awarded above 440,595 MT out of a total volume of 950,000 MT available in 2015

- EU in week ended May 19 granted licences to export 647,000 tons of soft wheat, bringing the total this season to 29.086 MMT vs. 25.914 MMT a year ago

- FranceAgriMer, in a weekly update, rated 91% of soft wheat good or excellent as of May 18, unchanged from a week earlier but above 76% a year ago

- UK commercial wheat stocks are forecast to climb by 57% to 3.07 MMT by the end of the 2014/15 season (July/June) vs. 1.96 MMT in 2013/14

- UK wheat exports in the 2014/15 were forecast to rise sharply to 2.17 MMT vs. 431,000 MT in 2013/14

- UK wheat imports in the 2014/15 were expected to fall by 33% to 1.47 MMT