WHEAT

- Nov 19 - Japan seeks 114,941 MT of food wheat for Dec-Feb shipment:

  • 14,500 MT of western white US wheat
  • 35,910 MT of hard red winter US wheat
  • 30,380 MT of dark northern spring US wheat
  • 34,151 MT of Canadian western red spring wheat

- Nov 18 - Jordan seeks 100,000 MT of optional origin wheat for Feb-March shipment

- Nov 18 - Israel seeks 30,000 MT of feed wheat for Jan-Feb shipment

- Nov 13 - South Korea's Samyang Corp rejected all offers and made no purchase in a tender for 34,900 MT of US wheat for Mar 20-April 20 shipment, due to high prices

- USDA said 94% of the US winter wheat is planted as of November 15, below market expectation (95.5%), last year's pace (95%) and the 5-year average pace of 98%. USDA estimated winter wheat condition at 52% good to excellent as of Nov 15, up from 51% on previous week and matching the market expectations (52%), but down vs. 60% a year ago

- US wheat export inspections for week, ending November 12, recorded 279,013 MT, below analysts' estimates (300-450 TMT)

- Russia and Ukraine, the leading wheat producers in the Black Sea region, have cut their 2016 winter wheat sowing area due to dry weather, signaling more risks of next year's crop and exports

  • Excessively dry weather in Ukraine has prompted farmers to terminate winter sowing, leaving around 11% of the area unsown. Traders expect Ukraine's 2016 wheat harvest at between 14 and 18 MMT vs. about 27 MMT in 2015
  • Ukraine's Ag Min said Ukrainian wheat exports in 2016/17 (Jul-Jun) could fall to about 3.5 MMT due to poor weather, from expected sales of 16.5 MMT in 2015/16
  • Russian farmers have cut winter grain sowing due to dry weather in several regions this year and are likely to sow up to 16.4 million hectares this year. As of Nov 16, Russian farmers had sown winter grains on 16.3 mln ha, down from 16.7 mln ha a year ago and on 95.1% of the originally planned area

- Ukrainian grain stocks were at 31.71 MMT as of November 1, up 6% from a year earlier, incl. 14.44 MMT of wheat (11.19 MMT a year ago), 2.63 MMT of barley (2.81 MMT a year ago) and 12.87 MMT of corn (14.26 MMT a year ago). The data does not include grain stored at small farms

- French silo operator Socomac stops taking delivery of all products at Rouen port due to slow export demand. It is the third silo operator in France to take such action

- UN's World Meteorological Organization (WMO) said El Nino will strengthen before the end of the year and become one of the strongest on record

- COFCO chairman said COFCO Corp is not looking to increase its stake in Dutch grain trader Nidera

- COFCO chairman said Glencore was not planning to sell its stake in its agricultural assets

CORN

- Nov 19 - Jordan seeks 100,000 MT of optional origin barley for April shipment

- Nov 18 - Israel seeks 80,000 MT of corn for Feb-Apr shipment

- Nov 16 - USDA announced export sales of 1,440,180 MT of US corn for delivery to Mexico during 2015/16 (952,500 MT) and 2016/17 (487,680 MT)

- USDA estimated 96% of the US's corn crop was harvested as of Nov 15, which compares to 88% last year and the five-year average of 94%. Traders expected corn harvest 96.6% complete

- US corn export inspections for week, ending Nov 12, reported 373,618 MT, well below the range of trade expectations (650-850 TMT)

SOYBEAN

- Nov 16 - USDA announced export sales of 180,000 MT of US soybeans for delivery to China during 2015/16

- US soybean export inspections for week, ending Nov 12, reported 2,160,990 MT, above the high end of the range of market forecasts (1.9-2.1 MMT)

- NOPA said its members crushed 158.895 million bushels of soybeans in October 2015, up from 126.704 million bu the previous month and slightly above the 157.96 million bu crushed in the same month last year. The figure below an average of analyst estimates for 161.002 million bu. Soyoil stocks rose to 1.408 billion lbs as of Oct 31 from 1.355 a month earlier, below expectations of 1.444 billion lbs, but well above last year's level of 966.062 million lbs. Soymeal exports in October totaled 644,069 MT, up from 502,320 MT a month ago, but down vs. 707,934 MT a year ago

- India's vegetable oil (edible & non-edible) imports in 2014/15 (Nov-Oct) rose 23.6% from a year earlier to a record 14.613 MMT (11.819 MMT in 2013/14)

- India imported 1.671 MMT of veg oils (edible & non-edible) in October vs. 1.217 MMT in September and vs. 1.246 MMT a year ago.

- India imported 878,137 MT of crude palm oil in October vs. 596,091 MT in September and vs. 712,317 MT a year ago. Total imports in 2014/15 accounted 7.724 MMT vs. 6.253 MMT in 2013/14

- India imported 228,798 MT of RBD palmolein in October vs. 173,410 MT in September and vs. 143,199 MT a year ago. Total imports in 2014/15 accounted 1.659 MMT vs. 1.576 MMT in 2013/14

- India imported 405,186 MT of soybean oil in October vs. 321,062 MT in September and vs. 218,599 MT a year ago. Total imports in 2014/15 accounted 2.986 MMT vs. 1.951 MMT in 2013/14

- India imported 113,499 MT of sunflower oil in October vs. 68,216 MT in September and vs. 101,400 MT a year ago. Total imports in 2014/15 accounted 1.543 MMT vs. 1.509 MMT in 2013/14

- India imported 16,024 MT of rapeseed oil in October vs. 32,495 MT in September and 44,607 MT a year ago. Total imports in 2014/15 accounted 355,824 MT vs. 199,891 MT in 2013/14

- India's current stock of edible oils as of November 1, 2015 at various ports is estimated at 1.02 MMT (CPO 530,000 MT, RBD Palmolein 140,000 MT, Degummed Soybean Oil 220,000 MT, Crude Sunflower Oil 80,000 MT and 50,000 MT of Rapeseed (Canola) Oil) and about 1,350,000 MT in pipelines. Total stock at ports and in pipelines climbed to 2.37 MMT from 2.24 MMT a month ago and vs. last year's 1.86 MMT. India's monthly requirement is about 1.6 MMT

- Malaysia will keep palm oil export tax at 0% in December

- Ukrainian sunflower seed stocks were at 7.49 MMT as of November 1, up 12% from a year earlier (6.7 MMT). The data does not include sunseed stored at small farms