WHEAT

- Aug 7 - Saudi Arabia's GSFMO bought 505,000 MT of optional origin hard wheat, 12.5% protein, (from EU, North and South America, Australia and Canada) for Sept-Nov shipment:

Jeddah Port:

  • 55,000 MT from Cerealis at $220.50 C&F (Sept 20-30)
  • 55,000 MT from Cerealis at $220.50 C&F (Oct 1-10)
  • 55,000 MT from Cerealis at $221.50 C&F (Oct 10-20)
  • 55,000 MT from Cerealis at $221.50 C&F (Oct 20-30)
  • 65,000 MT from ADM Hellas at $223.25 C&F (Nov 1-10)
  • 55,000 MT from Cerealis at $223.50 C&F (Nov 10-20)
  • 55,000 MT from Cerealis at $223.50 C&F (Nov 20-30)

Dammam Port:

  • 55,000 MT from Bunge at $227.34 C&F (Oct 10-20)
  • 55,000 MT from Bunge at $227.84 C&F (Nov 10-20)

- Russia's Ag Min said Russia exported about 2.293 MMT of grain between July 1-August 5, 2015, down by 39.8% from 3.812 MMT a year ago, including wheat – 1.441 MMT, barley – 687.2 TMT, corn – 152.8 TMT, other grains – 12 TMT

- Russian farmers have harvested 48.4 MMT of grain (incl. 38.1 MMT of wheat and 7.1 MMT of barley) as of August 7, down from 55.8 MMT (incl. 41.4 MMT of wheat and 8.7 MMT of barley) a year ago. Yields were at 3.1 mt/ha, down from 3.3 mt/ha a year ago

- Ukrainian farmers harvested 24.9 MMT (94% of area) of wheat as of August 7, up from 22.5 MMT a year ago. Yields were at 3.87 mt/ha vs. 3.93 mt/ha a year ago

- Kazakhstan's Ag Min said Kazakhstan harvested 1.311 MMT as of August 10, up from 902,100 MT a year ago. Yields were at 1.66 mt/ha, up from 1.22 mt/ha a year ago

RICE

- Indonesia is expecting a 7% increase in rice output in 2015 to 75.2 MMT vs. 70 MMT despite dry weather due to the El Nino phenomenon this year

- China agreed to buy 1 MMT of Thai rice to be delivered at year-end. In December, Thailand said China would buy 2 MMT of rice. The deal announced on Monday was part of that agreement, and negotiations for the sale of a further 1 MMT would begin in September

BARLEY

- Aug 13 - Jordan seeks 100,000 MT of optional origin feed barley for Dec-Jan shipment

- Aug 4 - Jordan bought 50,000 MT of optional origin feed barley at 210 $/mt c&f for shipment in the second half of November

- Ukrainian farmers harvested 34 MMT of all grains as of August 7, up from 32.5 MMT a year ago. Yields were at 3.56 mt/ha vs. 3.57 mt/ha a year ago. Farmers harvested 8.1 MMT of barley (97% of area) vs. 9 MMT a year ago

SOY

- Aug 7 - South Korea's Nofi bought 55,000 MT of optional origin soymeal for December

- Aug 7 - South Korea's KFA bought about 52,000 MT of South American soymeal at 403.99 $/mt c&f plus a 1.50 $/mt surcharge for additional port unloading for Janyary shipment

- China imported a monthly record of 9.50 MMT of soybeans in July, up 17.4% from 8.09 MMT in June, with buyers taking advantage of cheap supplies from South America. Imports over the first seven months of the year reached 44.66 MMT, 7.1% higher than last year

- CNGOIC sees Chinese 2014/15 (Oct-Sep) soybean imports at a record of 76 MMT, up 8% from the previous year and vs. USDA's estimate of 74 MMT. CNGOIC expected imports in August to September totaling 13 MMT, up from 11.06 MMT in the same period last year

- CNGOIC forecasts Chinese 2015/16 soybean imports at 77 MMT vs. USDA's estimate of 77.5 MMT

VEG OILS

- Chinese imports of vegetable oils in July were 880,000 MT, up 27.5% from the previous month

- India's rice bran oil exports could surge to 10,000 MT this fiscal year ending March 2016 from about 2,000 MT last year after the government allowed bulk sale instead of just consumer packs. India produces nearly 1 MMT of rice bran oil

- MPOB says July Malaysian crude palm oil production at 1.816 MMT vs. 1.764 MMT in June with stocks at 2.265 MMT up 5.3% on month and both well above the market expectations. Malaysian July palm oil exports was at 1.602 MMT, down 5.6% on month, but little above the expectation

- Surveyor Intertek Testing Services estimated Malaysia's August 1-10 palm oil exports at 498,993 MT up 57.6% from a month ago

- Surveyor SGS estimated Malaysia's August 1-10 palm oil exports at 486,451 MT up 57.5% from a month ago

- Dorab Mistry last week said palm oil price could drop to a low of 1,900 MYR/mt by the end of September because of ample supplies and poor demand, but it may recover to 2,100-2,300 MYR/mt by the end of November