WHEAT

- UN World Meteorological Organization said Hurricane Patricia, which is heading towards southwestern Mexico, is now comparable to Typhoon Haiyan, which killed 6,300 in the Philippines in 2013

- Oct 23 - Ethiopia seeks 1.0 MMT of optional origin milling wheat, 12% protein, for Nov-March shipment, with the results expected today. Black Sea origin wheat is the cheapest offer

- Oct 23 - South Korea's CJ Cheiljedang Corp seeks 51,100 MT of US wheat for March shipment:

  • 25,200 MT of western/soft white, max. 10.5% protein
  • 3,000 MT of western/soft white, max. 8.5% and/or max. 9.0% protein
  • 8,400 MT of hard red winter, min. 11.5% protein
  • 14,500 MT of dark/northern spring, min. 14.0% protein

- Oct 22 - South Korea's CJ Cheiljedang Corp bought 50,000 MT of Australian wheat from Glencore for May shipment

- Asian mills step up wheat buys on US, Black Sea crop concerns. Most importers are just covered up to December

- Thailand this week booked 125,000 MT of US wheat for December shipment. Thai buyers paid about 250 $/mt c&f for hard red winter wheat, 265-275 $/mt c&f for spring wheat and 280-290 $/mt c&f for western white wheat

- Philippine bought at least 60,000 MT of US dark northern spring wheat and soft white wheat for Jan-Feb shipment

- Malaysia bought 40,000 MT of US western white and spring wheat for December arrival

- Weekly US wheat export sales data for week ended October 15 – 359,200 MT, incl. 357,500 MT for 2015/16, in line with market expectations (300-500 TMT)

- EU in week ended October 20 granted licenses to export 278 TMT of soft wheat, bringing the total this season to 6.47 MMT vs. 8.419 MMT a year ago

- FranceAgriMer estimated soft wheat planting 58% done as of Oct 19, ahead of last year's pace of 50%; durum planting 5% done vs. 4% a year ago

- Russia's Grain Union sees grain exports declining seasonally, from 4 MMT in October to 3 MMT in November, then down further in December. The Union also said 30% of the country's winter grain crop is "at risk" due to dry weather, down from 37% at this time last year, but still facing lower soil moisture levels this season compared to last

- Rusagrotrans estimated Russia's October grain exports at 3.5 MMT (incl. 2.7 MMT of wheat) vs. 3.42 MMT a year ago

- Russian farmers have harvested 104.5 MMT of grain (incl. 63.7 MMT of wheat, 18.2 MMT of barley and 9.3 MMT of corn) as of Oct 22, down from 106.2 MMT (incl. 60.9 MMT of wheat, 20.9 MMT of barley and 8.8 MMT of corn) a year ago. Yields were at 2.42 mt/ha, down from 2.5 mt/ha a year ago. While 90.7% (or 15.5 mln ha) of winter crops were planted as of Oct 22 vs. 16.2 mln ha year ago

- Ukrainian farmers have planted winter wheat on 5.2 mln ha (84% of plan) as of Oct 22 vs. 6 mln ha a year ago

- Recent rains in Ukraine and Russia are bringing some relief to the winter grains

- Philippines may import an additional 1 MMT of rice by year-end, as crop losses from storms and El Nino make it more urgent to boost stocks for 2016

CORN

- Weekly US corn export sales data for week ended Oct 15 - 248,000 MT for 2015/16, well below analyst expectations of 450-650 TMT, and the smallest sales of the marketing year that started on Sept 1

- EU in week ended Oct 20 granted licenses to export 18 TMT of corn, bringing the total this season to 527 TMT vs. 669 TMT a year ago

- EU in week ended Oct 20 awarded 327 TMT of corn (maize) import certificates, taking the volume so far this season to 2.318 MMT vs. 2.413 MMT a year ago

- FranceAgriMer said 56% of France's corn crops were in good to excellent condition as of Oct 19, unchanged from the prior week, but still well below vs. 89% a year ago. Harvesting of French corn crop was 58% completed as of Oct 19, well ahead of last year's pace of 32%

- Ukrainian farmers have harvested 14.1 MMT of corn from 2.74 mln ha (66%) with yields of 5.15 mt/ha as of Oct 22 vs. 15.9 MMT, 2.98 mln ha and 53.4 mt/ha a year ago

- Indonesia's Ag Min expects Indonesia's 2015 corn imports at slightly below 3.0 MMT, compared to 3.1 MMT in 2014

- Buenos Aires Grain Exchange estimated corn planting 31.7% done as of Oct 22 vs. 32.8% a year ago. The exchange forecasts country's corn planting area at 2.72 mln ha this year vs. 3.4 mln ha in 2014/15

- EU in week ended Oct 20 granted licenses to export 282 TMT of barley, bringing the total this season to 4.119 MMT vs. 2.679 TMT a year ago

- FranceAgriMer estimated winter barley planting 78% done as of Oct 19, ahead of last year's pace of 71%

SOYBEAN

- Oct 22 - USDA announced export sales of 463,000 MT of US soybeans for delivery to unknown destinations during 2015/16 (420 TMT) and 2016/17 (43 TMT)

- Weekly US soybean export sales data for week ended Oct 15 – 2,032.4 TMT, incl. 2,030.8 TMT for 2015/16, topping the market forecasts (1.2-1.8 MMT)

- Buenos Aires Grain Exchange estimated sunflower planting 36.1% done as of Oct 22, up 6.8% on the week, but down vs. 40.5% a year ago. The exchange forecasts country's sunflower planting area at 1.45 mln ha this year vs. 1.3 mln ha in 2014/15

- Ukrainian farmers have harvested 10.3 MMT of sunflower seed from 4.8 mln ha (97%) with yields of 2.12 mt/ha as of Oct 22 vs. 9.2 MMT, 4.9 mln ha and 1.89 mt/ha a year ago

- Ukrainian farmers have harvested 3.2 MMT of soybeans from 1.9 mln ha (88%) with yields of 1.7 mt/ha as of Oct 22 vs. 3.3 MMT, 1.6 mln ha and 2.06 mt/ha a year ago

- Russian farmers have harvested 2.1 MMT of soybeans from 1.5 mln ha (72.8%) with yields of 1.46 mt/ha as of Oct 22 vs. 1.9 MMT, 1.4 mln ha and 1.36 mt/ha a year ago

- Russian farmers have harvested 8.7 MMT of sunflower seed from 5.8 mln ha (85.4%) with yields of 1.5 mt/ha as of Oct 22 vs. 7.7 MMT, 5.3 mln ha and 1.45 mt/ha a year ago

- Russian farmers have harvested 1.1 MMT of rapeseed from 841,200 ha (83.1%) with yields of 1.27 mt/ha as of Oct 22, down vs. 1.4 MMT, 975,800 ha and 1.44 mt/ha a year ago

- Prices of mustard have leaped to their highest level in seven years this autumn as growers in Western Canada, which supplies three-quarters of the world's traded mustard seed, turn in their smallest crop in nine years