WHEAT

- Dec 21 - Syria (Hoboob) seeks 200,000 MT of soft milling wheat. Shipment should be made in 50,000 MT consignments within 20 days after the opening of a letter of credit. The tender deadline is Dec 21 and offers must be made in euros and must remain valid for five days after the tender deadline

- Dec 16 - Tunisia seeks 100,000 MT of optional origin soft milling wheat for Feb-March shipment

- Dec 16 - Japan bought 51,655 MT of feed grain (23,675 MT of wheat and 27,980 MT of barley) for March 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 January 6, 2016

- Dec 15 - Jordan postpones to Thursday, Dec 17, its tender for 100,000 MT of wheat for April shipment

- South Africa's Crop Estimates Committee (CEC) lowered its estimate of South Africa's 2015 wheat crop to 1.501 MMT from previous forecast of 1.505 MMT and vs. 1.75 MMT in 2014. It's the lowest since 2011

- Dec 16 - Russia bought 42,795 MT of intervention grain (all wheat) via tender on the NTB (Moscow Exchange). Making the total bought since Aug 20 at 1,215,675 MT of Russian grain (1,181,925 MT of wheat, 13,230 MT of rye and 20,520 MT of barley)

- Russian grain stocks were at 39.9 MMT as of December 1, up 2.9% from a year earlier (38.7 MMT as of Dec 1, 2014). The data does not include grain stored at small farms

- Rusagrotrans said Russia would export 3.4 MMT of grains this month, up 14% from a year ago. That will include 2.6 MMT of wheat, 300 TMT of barley and 450 TMT of corn

- Argentine President signed a decree Monday that eliminated export taxes on corn, wheat and sunflower seed and lowered the export tax on soybeans by five percentage points to 30%. The decree also reportedly lowered the tax on soymeal and soyoil exports by five percentage points to 27%. It also eliminated a 15% export tax on beef. Macri said he would lift restrictions on the currency exchange markets this week

- Lack of snow puts crops in danger worldwide

CORN

- Dec 16 - Tunisia seeks 50,000 MT of optional origin feed barley

- Safras & Mercado estimates Brazilian summer corn is 96% planted compared to 100% last year

- 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

- JCI said that China has purchased 32 MMT of corn from the new crop so far. Analyst estimates 6% of all Chinese corn stocks are unusable, and 50% are in poor condition

- China's Ag Min plans to encourage a 10% reduction in corn planted acreage in the next 5 years

SOYBEAN

- Dec 15 - USDA announced export sales of 120,000 MT of US soybeans for delivery to China during 2015/16

- Thailand bought 112,000 MT of Argentine soymeal for March

- NOPA said its members crushed 156.134 million bushels of soybeans in November 2015, down from 158.895 million bu the previous month and below the 161.211 million bu crushed in the same month last year. That was the lightest November crush since 2011 and below an average of analyst estimates for 161.663 million bu (157.675-165.400 mln bu – range). Soyoil stocks rose to 1.477 billion lbs as of Nov 30 from 1.408 a month earlier, above expectations of 1.45 billion lbs, and well above last year's level of 1.005 billion lbs

- Safras & Mercado estimates Brazilian soybeans are 89% planted compared to 97% average

- Dr. Michael Cordonnier left his Brazilian and Argentine 2015/16 soybean crop estimates unchanged from last week at 99.0 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 172.3 MMT unchanged from previous estimate and vs. 171.5 MMT in 2014/15