WHEAT

- Nov 19 - Tunisia bought 125,000 MT of optional origin soft wheat at 203.64-204.95 $/mt c&f for Dec-Feb shipment

- Nov 19 - Tunisia bought 92,000 MT of optional origin durum wheat at 296.97-299.50 $/mt c&f for Feb-April shipment

- Nov 18 - Israel bought 30,000 MT of optional origin feed wheat at 193.50 $/mt c&f for Feb-March shipment

- Brazil bought a cargo of HRW for February

- Ukraine's Ag Min said Ukraine exported 15.6 MMT of grain between July 1-Nov 19, 2015 (vs. 14.2 MMT for the same period last year), including:

  • wheat – 8.4 MMT (vs. 7.2 MMT a year ago)
  • barley – 3.5 MMT (vs. 3.3 MMT)
  • corn – 3.5 MMT (vs. 3.6 MMT)

- Ukrainian Ag Min and traders have agreed to limit wheat exports at 16.6 MMT this season, leaving enough stock to meet domestic demand. Also traders may export 16 MMT of corn and 3.9 MMT of barley in 2015/16

- Ukrainian Ag Min said total grain exports could hit a record 36 MMT in the 2015/16 July-June season compared with 34.9 MMT in 2014/15

- Ukrainian Ag Min estimates Ukraine is likely to harvest 60 MMT of grain this year, including 27-28 MMT of wheat and 22-23 MMT of corn

- Ukrainian Ag Min said Ukraine may lose about 12 MMT of wheat next year due to severe drought

- Kazakhstan will ship more than 600,000 MT of wheat to Afghanistan

- Weekly US wheat export sales data for week ended November 12 – 721,900 MT for 2015/16, the most in 3-1/2 months and well ahead of trade estimates (200-400 TMT). Total current marketing-year US wheat export sales are 15% behind the same point last year

- EU in week ended November 17 granted licenses to export 636 TMT of soft wheat, bringing the total this season to 8.17 MMT vs. 10.871 MMT a year ago

- FranceAgriMer estimated soft wheat planting 98% done as of Nov 16, ahead of last year's pace of 96%; durum planting 92% done vs. 83% a year ago. About 98% of France's soft wheat crops were in good to excellent condition as of Nov 16, up from 97% a week ago and vs. 94% a year ago; durum rating at 95% in good to excellent vs. 92% a year ago

- Strategie Grains raised its estimate of 2015 EU soft wheat crop to a record 149.8 MMT, up 300,000 MT from previous estimate. They also increased export estimate for 2015/16 by similar volume to 26.8 MMT, still down 17.5% from last season's record 32.5 MMT. Strategie Grains trimmed its estimate of 2015/16 EU soft wheat usage in feed to 54.5 MMT, down 1.5 MMT from a previous estimate of 56.0 MMT

- Strategie Grains trimmed its forecast for EU soft wheat sowings for the 2016 harvest by 100,000 hectares to 23.9 mln ha, down just 1% year-on-year

- International Grains Council (IGC) raised its global wheat output estimate for 2015/16 by 0.3 MMT to a record 726.2 MMT (723.1 MMT in 2014/15), on improving prospects in Ukraine (to 27.5 from 26 MMT). Global wheat ending stocks were revised downwards by 0.7 MMT to 207.8 MMT (201.3 MMT in 2014/15)

- IGC forecasts a drop in the global planted area for wheat next year, down 1% year-on-year to 221.8 mln ha, citing dryness concerns in Ukraine, where the progress of winter wheat planting has been slow

- Buenos Aires Grain Exchange maintains its 2015/16 Argentine wheat crop forecast at 9.5 MMT, a 19% decline from 2014/15 (11.75 MMT). Harvesting of Argentine wheat crop was 13.9% completed as of Nov 19, behind of last year's pace of 21.4%

- Nigeria hopes to reach a deal with China within weeks to set up 40 rice mills, as part of plans to eliminate the need for any imports of the grain within two years

CORN

- Nov 19 - South Korea's KFA was looking for 65,000 MT of optional origin corn for May arrival

- Nov 18 - Israel bought 80,000 MT of optional origin corn for Feb-April shipment:

  • 30,000 MT at 179.00 $/mt c&f
  • 50,000 MT at 178.60 $/mt c&f

- Weekly US corn export sales data for week ended Nov 12 of 779,800 MT for 2015/16 were the most in seven weeks and above analyst expectations of 500-700 TMT. Total current marketing-year US corn export sales are 30% behind the same point last year

- EU in week ended Nov 17 granted licenses to export 38 TMT of corn, bringing the total this season to 627 TMT vs. 1.028 MMT a year ago

- EU in week ended Nov 17 awarded 314 TMT of corn (maize) import certificates, taking the volume so far this season to 3.897 MMT vs. 2.68 MMT a year ago

- FranceAgriMer said 56% of France's corn crops were in good to excellent condition as of Nov 16, unchanged from the prior week, but still well below vs. 89% a year ago. Harvesting of French corn crop was 97% completed as of Nov 16, well ahead of last year's pace of 94%

- Strategie Grains raised its 2015 EU corn crop estimate to 57.3 MMT from previous forecast of 57.1 MMT

- Ukrainian farmers have harvested 21 MMT of corn from 3.8 mln ha (92%) with yields of 5.54 mt/ha as of Nov 19 vs. 25.4 MMT with yields of 5.89 mt/ha a year ago

- Rosario Grain Exchange estimates Argentine new crop corn area down 16% from last year

- Buenos Aires Grain Exchange estimated Argentine corn planting 37.1% done as of Nov 19 vs. 40.2% 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

- IGC lowered its forecast of global corn production in 2015/16 by 2.4 MMT to 967.3 MMT, below the prior season's record of 1,013 MMT; China and S. African crops were revised down by 7 to 220 MMT and 1 to 11.5 MMT respectively, while upward revisions included the US (to 346.8 from 342.3 MMT). IGC raised its forecast for 2015/16 global corn carryover by 0.5 MMT from last month to 200.5 MMT (207.3 MMT in 2014/15)

BARLEY

- Nov 19 - Tunisia bought 50,000 MT of optional origin feed barley at 189.37 $/mt c&f and 192.24 $/mt c&f for Dec-Jan shipment

- Nov 19 - Jordan cancelled tender for 100,000 MT of barley

- EU in week ended Nov 17 granted licenses to export 126 TMT of barley, bringing the total this season to 4.484 MMT vs. 3.364 TMT a year ago

- FranceAgriMer estimated winter barley planting 100% done as of Nov 16, ahead of last year's pace of 99%. About 97% of France's winter barley crops were in good to excellent condition as of Nov 16, up from 96% a week ago and vs. 94% a year ago

- Strategie Grains left its 2015 EU barley crop estimate at 60.5 MMT, unchanged from previous peg

- IGC maintains its global barley output projection for 2015/16 at 145 MMT, up 3% from the previous season. The world stocks are forecast to expand by 13%, to a six-year high of 30 MMT

SOYBEAN

- Nov 18 - South Korea's MFG bought about 55,000 MT of optional origin soymeal, likely from Brazil, at 340.88 $/mt c&f+1.50 $/mt surcharge for extra port unloading for June-July shipment

- China bought 2-3 Brazilian soybean cargoes for April-May shipment and at least one cargo of US soybeans

- Weekly US soybean export sales data for week ended Nov 12 – 1,798,100 MT, incl. 1,797,600 MT for 2015/16, topping the high end of market estimates that ranged from 700,000 MT to 1.1 MMT. Total current marketing-year US soybean export sales are 17% behind the same point last year

- Rosario Grain Exchange estimates Argentine new crop soy area up 1.5% from last year with 17% of the soybeans planted compared to 15% a year ago

- Buenos Aires Grain Exchange estimated Argentine soybean planting 30.9% done as of Nov 19 vs. 30.4% a year ago. The exchange forecasts country's soybean planting area at 19.8 mln ha this year vs. 20 mln ha in 2014/15

- IGC raised its global 2015/16 soybean production forecast by 1.9 MMT to 321.0 MMT (321.1 in 2014/15), on improved prospects for the US crops, but lowered global carryover by 2.4 MMT from last month to 46.7 MMT (44.8 MMT in 2014/15)

- Malaysia and Indonesia will formally sign up to a new joint palm oil body on Saturday as the world's top two producers try to tackle an array of challenges - from bulging stockpiles to weak prices and a polluting haze caused by smoldering forest fires

- Surveyor Intertek Testing Services estimated Malaysia's Nov 1-20 palm oil exports at 970,057 MT up 4.3% from a month ago

- Indonesia's National Palm Agency expects Indonesia's 2016 palm oil exports to fall by 2-2.5 MMT from this year's 24-25 MMT

- Surveyor SGS estimated Malaysia's Nov 1-20 palm oil exports at 993,943 MT up 5.6% from a month ago

- Buenos Aires Grain Exchange estimated sunflower planting 74.1% done as of Nov 19, up 13.3% on the week, but down vs. 82% 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