- July 16 - Japan bought 137,847 MT of food wheat for August-September shipment:

  • 35,125 MT of western white US wheat
  • 12,895 MT of hard red winter US wheat
  • 27,635 MT of dark northern spring US wheat
  • 35,272 MT of Canadian western red spring wheat
  • 26,920 MT of Australian standard white wheat

- China's Stats Bureau said China's summer grain output rose for a 12th consecutive year in 2015 to a record 141.07 MMT, up 3.3% from the year prior

- Australia's wheat crop is not suffering as much as many had expected with the El Nino this year

- Lanworth lowered its forecast of 2015 EU wheat crop to 147 MMT vs. USDA's estimate of 147.9 MMT

- Lanworth lowered its forecast of 2015 US wheat crop to 58.8 MMT, but it's above USDA's estimate of 58.5 MMT

- Lanworth lowered its forecast of 2015 Canadian wheat crop to 23.8 MMT vs. USDA's estimate of 27.5 MMT

- Lanworth lowered its forecast of 2015 Russian wheat crop to 56.9 MMT vs. USDA's estimate of 57 MMT. But yields in Russia appear to be above normal (as of July 15 at 3.78 mt/ha vs. 3.62 mt/ha a year ago) with the trade now talking a 58-60 MMT crop