WHEAT

- Dec 9 - Algeria's OAIC bought 500,000-600,000 MT of optional origin milling wheat at 195-197 $/mt c&f for Feb-Mar shipment. Some of the volume was expected to come from Argentina, in addition to Algeria's main supplier France

- Brazil bought cargo of Argentine wheat for February shipment

- EU in week ended December 8 granted licenses to export 563 TMT of soft wheat, bringing the total this season to 10.327 MMT vs. 12.754 MMT a year ago

- Weekly US wheat export sales data for week ended December 3 of 225,100 MT for 2015/16 came below trade estimates (300-500 TMT). Total current marketing-year US wheat export sales are 15% behind the same point last year

- 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 40.9% completed as of Dec 10, behind of last year's pace of 53.5%

CORN

- Weekly US corn export sales data for week ended Dec 3 of 1,097,100 MT, incl. 1,095,300 MT for 2015/16 topped market forecasts ranging from 450 to 650 TMT. Total current marketing-year US corn export sales are 23% behind the same point last year

- Indonesia may import 3 MMT of corn in 2016, just above an estimate of less than 3 MMT in 2015 - and below the 3.1 MMT taken in 2014. The issue of imports is still subject to government discussion; floor and ceiling prices may be set for corn purchases. Demand for corn from Indonesian feedmills and food industries is expected to grow 4% to 13.8 MMT in 2016 from 13.26 MMT this year

- CONAB raised its Brazil's 2015/16 corn production estimate to 82.0 MMT from 81.9 (81.1-82.7) MMT previously

- EU in week ended Dec 8 awarded 384 TMT of corn (maize) import certificates, taking the volume so far this season to 5.118 MMT vs. 3.148 MMT a year ago

- EU in week ended Dec 8 granted licenses to export 17 TMT of corn, bringing the total this season to 701 TMT vs. 1.218 MMT a year ago

- EU in week ended Dec 8 granted licenses to export 241 TMT of barley, bringing the total this season to 4.902 MMT vs. 3.975 MMT a year ago

- Buenos Aires Grain Exchange estimated Argentine corn planting 50.4% done as of Dec 10 vs. 51.8% 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

- Buenos Aires Grain Exchange forecasts 2015/16 Argentine barley crop at 3.65 MMT, a 28% growth from 2014/15 (2.85 MMT). Harvesting of Argentine barley crop was 8.5% completed as of Dec 10, behind of last year's pace of 24.6%

SOYBEAN

- Dec 21 - South Korea's Agro-Fisheries & Food Trade Corp seeks 170,000 MT of worldwide origin non-GMO soybeans for delivery in 2016 and 2017. Registration for the tenders will close on Dec 21, and the electronic bidding will be held on Dec 22

- Dec 10 - South Korea's Korea Feed Association (KFA) was seeking 55,000 MT of soymeal from South America or the US Gulf for arrival by August 20, 2016

- Dec 10 - USDA announced export sales of 120,000 MT of US soybeans for delivery to unknown destinations during 2015/16

- Weekly US soybean export sales data for week ended Dec 3 of 1,454,500 MT, incl. 1,453,500 MT for 2015/16 came in above market forecasts ranging from 700 TMT to 1.1 MMT. Total current marketing-year US soybean export sales are 15% behind the same point last year

- CONAB raised its Brazil's 2015/16 soybean production estimate to 102.5 MMT from 102 (101.2-102.8) MMT previously. They are forecasting 57.5 MMT of soybean exports compared to 55 MMT last month

- Buenos Aires Grain Exchange estimated Argentine soybean planting 68.6% done as of Dec 10 vs. 66.8% 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

- Buenos Aires Grain Exchange estimated sunflower planting 100% completed as of Dec 10. The exchange estimates country's sunflower planting area at 1.45 mln ha this year, up 11.5% from 1.3 mln ha in 2014/15