WHEAT

- Oct 8 - Morocco's ONICL seeks 108,500 MT of soft wheat in local market to make subsidised flour

- Sep 17 - South Korea's NOFI seeks up to 130,000 MT of optional origin feed wheat for March-April shipment

- Sep 17 - Japan bought 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

- Sep 15 - South Korea's FLC bought 60,000 MT of optional origin feed wheat at 197.95 $/mt c&f for March shipment

- The Baltic Sea and Black Sea regions remain the most competitive in export markets

- Iran has record high wheat stockpiles of 10.0 MMT, enough to meet domestic needs for a year, so no need to import wheat this year

- Russian farmers have harvested 85.1 MMT of grain (incl. 56.3 MMT of wheat, 16.3 MMT of barley and 2.0 MMT of corn) as of September 16, down from 87.3 MMT (incl. 52.5 MMT of wheat, 19.4 MMT of barley and 2.5 MMT of corn) a year ago. Yields were at 2.47 mt/ha, down from 2.63 mt/ha a year ago. While 47.5% of winter crops were planted as of September 16

- Russian grain stocks were at 39.3 MMT as of September 1, down 0.7% from a year earlier

- Kazakhstan's Ag Min said Kazakhstan harvested 8.205 MMT as of September 17, up from 7.705 MMT a year ago. Yields were at 1.13 mt/ha, up from 1.07 mt/ha a year ago

- Japan's August grain imports down 3.4% on year to 1.916 MMT, incl. 1.372 MMT from the US

- Latvia's Ag Min estimated grain and rapeseed harvest this year at a record of 2.58 MMT, up 16% from 2.217 MMT in 2014. Winter wheat crop is estimated at 1,214,000 MT vs. 525,600 MT in 2014 and spring wheat – at 675,000 MT vs. 942,000 MT last year

CORN

- Sep 16 - Jordan bought 50,000 MT of optional origin feed barley at 209 $/mt c&f for Dec shipment

- US Grains Council said a Taiwanese trade delegation is expected to sign a letter of intent this week to buy 5.0 MMT of corn from the US by 2017

- Chinese imports of ethanol have surged this year, as buyers sought to take advantage of significantly lower ethanol prices in top producers Brazil and the US. Through July, China has imported 126,000 MT of ethanol for 2015, nearly five times as much ethanol as it did for all of last year

- US Ethanol production for the week ended September 11 climbed by 3,000 barrels to 961,000 barrels per day, it is up 3.2% from last year's level (931,000 bpd). Stocks fell by 351,000 barrels to 18.291 million barrels, and down vs. 18.805 million barrels a year ago

SOY

- Sep 16 - USDA announced export sales of 184,500 MT of US soybeans for delivery to China during 2015/16

- Vietnam is seeking soymeal for May shipment, while Indonesia and Morocco bought Argentine soymeal for October shipment; Canada bought soymeal for Dec-Jan shipment

- China is active buyer on soybean market this week

- Chinese trade delegation in US next week, on September 24, likely to sign deals for "several million" tones of US soybeans as part of its annual visit

- CNGOIC said China will likely buy 27.0 MMT of US soybeans in 2015/16 vs. 29.6 MMT in 2014/15

- CNGOIC estimated China's total 2015/16 soybean imports at 78.0 MMT up only 1.0 MMT from 2014/15

- Japan's August soybean imports down 22.3% on year to 232,513 MT, incl. 123,555 MT from the US

- Latvia's Ag Min estimated rapeseed harvest this year at 253,000 MT, up 36% from 186,000 MT in 2014