WHEAT

- Sep 17 - Japan seeks 138,855 MT of food wheat for Oct-Nov shipment:

  • 32,048 MT of western white US wheat
  • 27,450 MT of hard red winter US wheat
  • 23,330 MT of dark northern spring US wheat
  • 27,207 MT of Canadian western red spring wheat
  • 28,820 MT of Australian standard white wheat

- USDA said 97% of the US spring crop has been harvested as of September 13, up from 72% a year ago and vs. an 86% average of the last five years. While 9% of the winter wheat is planted as of September 13, matching the 5-year average pace for the week, but down from 11% last year and below the market expectation

- US wheat export inspections for week, ending September 10, recorded 647,551 MT, well above the market expectations (325-475 TMT)

- ABARES raised its forecast of Australian 2015/16 wheat exports to 17.5 MMT from previous estimate of 16.5 MMT and vs. 2014/15 wheat exports of 16.6 MMT

- Russia is ready to export up to 2.0 MMT of wheat a year to Brazil

CORN

- 20,000 MT of corn traded recently from Ukraine for October-December arrival to Poland's eastern border

- USDA estimated 68% US corn crop rated good to excellent as of September 13, unchanged from a week ago, and vs. last year's 74%. Harvesting of the US corn crop has begun with 5% completed as of September 13, matching the expectation, but below the 5-year average pace for the week (9%)

- US corn export inspections for week, ending September 10, reported 711,178 MT, below the range of analysts' expectations (775-950 TMT)

- US Grains Council estimates the Indian new crop corn production at 13.8 MMT, down from the old crop's 16.5 MMT due to dryness

- A unit of China's state-owned Bright Food Group Co Ltd will take a half share in New Zealand's biggest meat co-operative for NZ$311 million ($197 million)

SOY

- USDA said the US soybean crop condition was rated 61% good to excellent as of September 13, down 2% from a week ago and below previous year's 72%

- Analysts said the USDA could reduce estimates for both US corn and soybean output in the agency's next monthly report due Oct 9

- US soybean export inspections for week, ending September 10, reported 370,901 MT, above of trade forecasts of 150-300 TMT, but below needed to achieve the USDA export estimate

- Surveyor Intertek Testing Services estimated Malaysia's September 1-15 palm oil exports at 765,322 MT up 6.9% from a month ago

- Surveyor SGS estimated Malaysia's September 1-15 palm oil exports at 756,429 MT up 3.6% from a month ago

- ABARES increased its forecast of 2015/16 Australian canola exports to 2.32 MMT from previous estimate of 2.18 MMT and vs. 2.44 MMT in 2014/15

- European Union is extending anti-dumping and anti-subsidy duties imposed on US biodiesel imports for a further five years, until September 2020