- Jan 10 - The lowest offer in Bangladesh's tender for 50,000 MT of wheat (min.12.5% protein) came in at 215.87 $/mt C&F from Switzerland's ADM International.

Bangladesh's state grains buyer plans to import 950,000 MT of wheat in the current financial year, up from 300,000 MT the previous year.

- Jan 8 - South Korea's Daehan Flour Mill Co Ltd bought 83,200 MT of wheat (30,100 MT of Canadian wheat for arrival in May and 53,100 MT of US wheat for April 20-May 20 arrival):

  • 30,100 MT of Canadian western red spring wheat (min. 13.5% protein) from Marubeni at 217.20 $/mt fob
  • 23,700 MT of US western white/soft white wheat (max. 10.5% protein) from ADM at 234.68 $/mt fob
  • 3,100 MT of US western white/soft white wheat (max. 8.5% protein) from ADM at 315.40 $/mt fob
  • 6,500 MT of US hard red winter wheat (min. 11.5% protein) from Mitsui at 203.84 $/mt fob
  • 19,800 MT of US dark/northern spring wheat (min. 14.0% protein) from Mitsui at 221.76 $/mt fob

- Letters of credit for three delayed French wheat shipments of more than 180,000 MT bound for Egypt's GASC have been issued yesterday. One cargo had been due for shipment on Dec 11-20, with the other two due on Dec 21-31

- Egypt has adjusted its quality specs to not allow any ergot in wheat imported, which will be difficult for France and Argentina to manage and will likely lose French offers in future tenders

- USDA's next report on Tuesday is expected to show the lowest US winter wheat seedings since 2009

- France exported almost 628,000 MT of soft wheat outside the EU in November, incl. 226,000 MT to Algeria, with Jul-Nov 2015 France's soft wheat shipments outside the EU at 3.3 MMT, down 6% compared with the year-earlier period. Total French soft wheat exports so far this season were down 14% at 6.1 MMT, including a 22% drop in exports within the EU

- French silo operator Senalia plans to restrict its intake of grain at Rouen port in June to free up storage space before the summer harvest, after exports this season have failed to clear a record 2015 wheat crop

- Iraq bans poultry imports from 24 countries over avian flu threat


- USDA report is expected to show the highest Dec 1 US corn stocks on record

- Central Rural Work Leading Group said China must lower corn prices to reduce its massive corn stockpile and curb imports of corn substitutes including barley, sorghum and distillers' grain

- Argentine corn sowing booms on optimism over new government. Some analysts forecast 2015/16 Argentine corn planting area and production equal to previous year

- France shipped nearly 124,000 MT of barley outside the EU in November, as activity continued to slow after a strong run of sales to China earlier in the season

- Saudi Arabia's Almarai Co , the largest dairy company in the Gulf, has spent $31.8 million to buy 1,790 acres of land in California to supply its business with alfalfa hay

- Iraq bans poultry imports from 24 countries over avian flu threat


- Jan 16 - Egypt's GASC seeks cargoes of unspecified amounts of soyoil and sunflower oil for Feb 10-20 shipment

- South Korea's Agro-Fisheries & Food Trade Corp bought 50,000 MT of US soybeans for 2017

- Brazilian soybean farmers have asked their country to file a complaint against the United States at the World Trade Organization alleging that US farm subsidies give an unfair advantage to the world's top soybean producer

- MPOB estimated Malaysian crude palm oil production in December at 1.399 MMT vs. average expectation of 1.36 MMT and 1.654 MMT in November with stocks at 2.632 MMT down 9.5% on month and below the market expectations of 2.73 MMT. Malaysian December palm oil exports was at 1.483 MMT, down 1.1% on month but above the average expectation of 1.4 MMT

- Surveyor SGS estimated Malaysia's Jan 1-10 palm oil exports at 322,081 MT up 7.9% from a month ago

- Surveyor Intertek Testing Services estimated Malaysia's Jan 1-10 palm oil exports at 323,106 MT up 15.9% from a month ago

- Indian rapeseed output could fall 7-8% from last year's 5 MMT due to hot, dry weather and lower acreage, which could result into higher vegoil imports

- US Food and Drug Administration (FDA) halted a shipment of canola meal on Dec 1 from a Bunge Ltd plant in Hamilton, Ontario, Canada, because it appeared to contain salmonella bacteria