WHEAT

- Philippines bought around 55,000 MT of feed wheat, likely from South America, at 194 $/mt c&f for March shipment

- Oct 28 - Russia bought 49,275 MT of intervention grain (46,710 MT of wheat and 2,565 MT of barley) via tender on the NTB (Moscow Exchange). Making the total bought since Aug 20 at 202,500 MT of Russian grain (188,730 MT of wheat, 7,425 MT of rye and 6,345 MT of barley)

- Russia expects grain crop in 2015 near 105 MMT vs. 105.3 MMT in 2014

- Russian farmers have harvested 105.3 MMT of grain (incl. 63.8 MMT of wheat, 18.2 MMT of barley and 10.1 MMT of corn) as of Oct 27, down from 107.3 MMT (incl. 61.2 MMT of wheat, 21.0 MMT of barley and 9.3 MMT of corn) a year ago. Yields were at 2.42 mt/ha, down from 2.5 mt/ha a year ago. While 91.5% (or 15.6 mln ha) of winter crops were planted as of Oct 27 vs. 16.3 mln ha year ago

- Kazakhstan's Ag Min said Kazakhstan harvested 19.909 MMT (from 99.9% area) as of Oct 28, up from 16.16 MMT a year ago. Yields were at 1.35 mt/ha, up from 1.24 mt/ha a year ago

- Ukraine's Ag Min said Ukraine exported 12.56 MMT of grain between July 1-Oct 27, 2015 (vs. 11.237 MMT for the same period last year), including:

  • wheat – 7.109 MMT (vs. 6.27 MMT a year ago)
  • barley – 3.188 MMT (vs. 3.206 MMT)
  • corn – 2.222 MMT (vs. 1.624 MMT)
  • other grains – 41 TMT (vs. 137 TMT)

- Ukrainian farmers have planted winter wheat on 5.28 mln ha (85% of plan) as of Oct 27 vs. 6.05 mln ha a year ago

- CEC decreased its estimate of South Africa's 2015 wheat crop to 1.542 MMT from previous forecast of 1.635 MMT and vs. 1.75 MMT in 2014. It's the lowest since 2011 and below market expectation of around 1.62 MMT

- Excess rains in southern Brazil is turning milling wheat into feed wheat

- Wheat stockpiles in Jordan are set to increase 25% with the population ballooning from refugees crossing the border from Syria and Iraq. Government wants to boost stockpiles to 1 MMT

- Indonesia to decide on rice imports within two weeks

CORN

- Oct 28 - Japan bought 34,742 MT of feed grain (34,402 MT of barley and 340 MT of wheat) for February arrive via SBS-tender. New SBS tender for 120,000 tons of feed wheat and 200,000 tons of feed barley will be held on November 4

- Oct 27 - Jordan postponed until November 5 its tender to buy 100,000 MT of barley

- Nov 18 - Bangladesh seeks 1,500 MT of chickpeas

- Bunge's vessel carrying 54,000 MT of Brazilian corn was reportedly headed for the port of Wilmington in North Carolina, US, and there has been talk of more Brazilian corn having been sold to the US east coast for March forward

- Chinese customers have temporarily stopped buying distiller's dried grains (DDGs) from the US amid worries that Beijing may launch another anti-dumping probe into imports of the feed ingredient

- Ukrainian farmers have harvested 15.2 MMT of corn from 2.9 mln ha (71%) with yields of 5.17 mt/ha as of Oct 27 vs. 17.4 MMT with yields of 5.42 mt/ha a year ago

- Dr. Michael Cordonnier left his Brazilian and Argentine 2015/16 corn crop estimates unchanged at 81.2 MMT (85.4 MMT in 2014/15) and 21.6 MMT (25.5 MMT in 2014/15), respectively

- Dr. Michael Cordonnier left his estimate of South America's 2015/16 corn crop at 107.1 MMT unchanged from previous estimate and vs. 115.1 MMT in 2014/15

- CEC said South African farmers intend to plant 2.55 million hectares of corn in the 2016 season, its the lowest level since 2011 due to drought, down 3.8% from 2015 (2.65 mln ha) and below the market expectations. Meanwhile sorghum plantings may climb 6% to 74,750 hectares (70,500 ha in 2015)

- Monsanto hopes to double its sales in Mexico over the next five years, depending in part on whether permits for the cultivation of commercial-scale genetically modified corn are approved in the country

- Attaché in Mexico said Mexican sorghum crop hit by infestation of sugar cane aphids, which may cut yields

SOYBEAN

- Oct 29 - South Korea's Nofi seeks 55,000 MT of soymeal from South America for April

- Oct 27 - South Korea's MFG bought around 115,000 MT of soybean meal, likely from either South America or China:

  • 60,000 MT at 367.39 $/mt c&f +1.5 $/mt surcharge for additional port unloading for arrival around May 5
  • 55,000 MT at 357.00 $/mt c&f +1.5 $/mt surcharge for additional port unloading for arrival around May 30

- Philippines bought 55,000 MT of soymeal for March

- Indonesia is considering a 10% import duty on soybeans to protect farmers

- Safras e Mercado estimated Brazil soybean planting 18.3% complete as of Oct 23 compared to 12.5% last year and 27% average

- Dr. Michael Cordonnier left his Brazilian 2015/16 soybean production estimate unchanged at 100 MMT (96.2 MMT in 2014/15), but cut his Argentine soybean crop forecast by 2 MMT to 58 MMT (60.8 MMT in 2014/15)

- Dr. Michael Cordonnier estimates South America's 2015/16 soybean crop at 173.3 MMT vs. previous estimate of 175.3 MMT and vs. 171.5 MMT in 2014/15

- Above normal temperatures have delayed rapeseed sowing in India's top producing region by more than a fortnight and restricted acreage expansion, even though prices are trading near record highs

- CEC said South African soybean-planting area will probably climb 1.3% to 696,400 hectares (687,300 ha in 2015), the largest on record. Sunflower-seed plantings may be 6.6% higher at 614,000 hectares (576,000 ha)

- Ukrainian farmers have harvested 10.3 MMT of sunflower seed from 4.9 mln ha (98%) with yields of 2.12 mt/ha as of Oct 27 vs. 9.3 MMT, 4.9 mln ha and 1.89 mt/ha a year ago

- Ukrainian farmers have harvested 3.3 MMT of soybeans from 1.9 mln ha (90%) with yields of 1.7 mt/ha as of Oct 27 vs. 3.4 MMT, 1.6 mln ha and 2.07 mt/ha a year ago

- Russian farmers have harvested 2.5 MMT of soybeans from 1.7 mln ha (87.1%) with yields of 1.42 mt/ha as of Oct 27 vs. 2.2 MMT, 1.6 mln ha and 1.36 mt/ha a year ago

- Russian farmers have harvested 8.9 MMT of sunflower seed from 6.0 mln ha (89%) with yields of 1.48 mt/ha as of Oct 27 vs. 8.0 MMT, 5.6 mln ha and 1.43 mt/ha a year ago

- Russian farmers have harvested 1.1 MMT of rapeseed from 855,900 ha (84.5%) with yields of 1.26 mt/ha as of Oct 27, down vs. 1.4 MMT, 988,900 ha and 1.43 mt/ha a year ago