WHEAT

- Nov 3 - Jordan has made no purchase in its tender for 100,000 MT of hard milling wheat

- Ethiopian government has purchased about 800,000 MT of milling wheat of optional origin, possibly including Black Sea and Baltic origins, in a giant international tender for up to 1 MMT. The purchase involved about 150,000 MT at around 233 $/mt c&f, 80,000 MT at around 234 $/mt c&f, 300,000 MT at about 243 $/mt c&f and 176,000 MT at 241.86 $/mt c&f. About 100,000 MT was also believed to have been purchased at 243-244 $/mt c&f. Negotiations are continuing and more sales are possible

- Nov 3 - Russia bought 170,640 MT of intervention grain (168,075 MT of wheat and 2,565 MT of barley) via tender on the NTB (Moscow Exchange). Making the total bought since Aug 20 at 373,140 MT of Russian grain (356,805 MT of wheat, 7,425 MT of rye and 8,910 MT of barley). Separately Russia bought 46,437 MT of Crimean wheat in intervention fund between Aug 19-Oct 29 via tenders on Crimean Exchange. So, total 2015/16 intervention purchases so far reach 419,577 MT of grain (incl. 403,242 MT of wheat)

- Russia's Ag Min aims to buy 1.5 MMT of grain on the domestic market for state stocks by the end of 2015; additional 500,000 MT of grains would be purchased in January-June 2016

- European Commission (EC) raised its EU 2015/16 soft wheat production estimate to 149.2 MMT, up 4.6 MMT from previous forecast and higher than last year's production of 148.7 MMT. EC expects soft wheat inventories in the region to climb 60% from a year earlier to 17.6 MMT by the end of June, despite on increased wheat feeding in EU this year. EU soft-wheat exports are set to slump 16% to 27.9 MMT, a three-year low, partly due to reduced purchases by major buyer Morocco

- Ukraine's Ag Min said Ukraine has exported almost 14 MMT of grain so far in the 2015/16 season, including over 7.5 MMT of wheat (incl. 4.3 MMT of milling wheat)

- Iran said the lifting of some sanctions on the country's shipping group could cut wheat import costs by up to 20-30%; they are also looking to barter some of their domestically-produced durum excess for imported milling wheat. Iran has bought over 8 MMT of wheat from the domestic market, up 1.3 MMT from last year's purchases. USDA forecasts Iran wheat imports at 4.0 MMT in 2015/16, the lowest in four years

CORN

- Nov 4 - Taiwan Sugar Corp tendering for 23,000 MT of US corn for Jan-Feb shipment

- Nov 4 - Japan received no offers for 120,000 MT of feed wheat and 200,000 MT of feed barley in a simultaneous buy and sell (SBS) auction. New SBS tender for the same amounts for each grain will be held on Nov 11

- Nov 3 - South Korea's KOCOPIA purchased around 55,000 MT of corn, likely from South America, at 195.05 $/mt c&f for arrival around Feb 20

- Cuba bought Argentine corn

- FCStone raised its forecast for this year's US corn crop to 13.543 billion bushels, up slightly from the firm's month-ago estimate of 13.541 billion bushels; raised its average corn yield forecast to 168.0 bushels per acre from 167.0 bpa last month

- Informa Economics raised its estimates of the US 2015 corn harvest to 13.718 billion bushels with a yield of 170.1 bpa from Informa's Oct 2 estimates for a 13.561 billion-bushel crop with a yield of 168.4 bpa

- Informa Economics forecast Argentina's 2015/16 corn crop at 18.5 MMT vs. previous estimate of 20 MMT

- Informa Economics forecast Brazil's 2015/16 corn production at 81.8 MMT vs. previous estimate of 81.1 MMT

- 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

- EC lowered its outlook for this year's EU corn harvest to a four-year low 57.4 MMT from 58.4 MMT last month, well below a record 77.9 MMT in 2014

- EC lifted its estimate of this year's EU barley harvest to 60.9 MMT from 59.0 MMT, now also above last year's 60.2 MMT

SOYBEAN

- Nov 4 - Taiwan Sugar Corp tendering for 12,000 MT of US soybeans for Jan-Feb shipment

- Denmark bought Argentine soymeal for January

- FCStone trimmed its forecast for this year's US soybean crop to 3.917 billion bushels, slightly below its October outlook of 3.919 billion; raised its US soybean yield forecast to 47.5 bpa from 46.9 bpa a month ago

- Informa Economics raised its estimates of the US 2015 soybean crop to a record 3.952 billion bushels with a record yield of 47.9 bpa from last month's estimates for a 3.878 billion-bushel crop with a yield of 47.2 bpa

- Informa Economics forecast Argentina's 2015/16 soybean harvest at 59.0 MMT vs. previous estimate of 56.0 MMT

- Informa Economics forecast Brazil's 2015/16 soybean harvest at 101.0 MMT vs. previous estimate of 100.0 MMT

- Abiove raised its forecast of Brazil's 2015/16 soybean crop to 98.6 MMT from 97.8 MMT seen last month, but it's below most analysts' forecasts (around 100 MMT). Abiove also raised its forecast for soybean exports to 53.8 MMT from 52.8 MMT previously

- Dr. Michael Cordonnier left his Brazilian and Argentine 2015/16 soybean crop estimates unchanged at 100.0 MMT (96.2 MMT in 2014/15) and 58.0 MMT (60.8 MMT in 2014/15), respectively

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