WHEAT

- Jan 14 - Japan bought 140,729 MT of food wheat for Feb-Mar shipment:

  • 14,894 MT of western white US wheat
  • 8,505 MT of hard red winter US wheat
  • 37,630 MT of dark northern spring US wheat
  • 49,570 MT of Canadian western red spring wheat
  • 30,130 MT of Australian standard white

- Jan 13 - Tunisia was seeking 92,000 MT of soft milling wheat and 109,000 MT of durum for Feb-June

- Jan 13 - Taiwan bought 88,750 MT of US wheat in two consignments:

  • The first consignment has an additional charge of 18.25 $/mt for ocean shipping from the US Pacific North West coast to Taiwan for shipment between Feb 27 to March 12
    • 27,600 MT of dark northern spring wheat (14.5% protein) from Itochu at 230.56 $/mt fob
    • 12,800 MT of hard red winter wheat (13% protein) from Itochu at 214.18 $/mt fob
  • The second consignment has an additional charge of 17.19 $/mt for ocean shipping from the US Pacific North West coast to Taiwan for shipment between March 15-29
    • 26,050 MT of dark northern spring wheat (14.5% protein) from CHS at 232.35 $/mt fob
    • 12,750 MT of hard red winter wheat (13% protein) from CHS at 218.41 $/mt fob
    • 9,550 MT of soft white wheat (10.5% protein) from CHS at 234.94 $/mt fob

- Jan 13 - South Korea's Daehan Flour Mill Co Ltd bought 80,600 MT of Australian wheat for June 16-30 arrival at around 228 $/mt fob

- Jan 13 - Jordan has made no purchase in an international tender to buy 100,000 MT of milling wheat

- Egypt to keep permitted level of ergot in wheat at 0.05%

- FranceAgriMer increased its 2015/16 French ending wheat stocks estimate to 5.8 MMT, up from 5.2 MMT last month and 2.5 MMT last year and cut export forecasts for both inside and outside the EU - to 7.0 from 7.5 last month (7.9 in 2014/15) and 11.3 from 11.5 (11.4) MMT respectively

- Rosselkhoznadzor estimated Russian grain exports between Jul 1- Jan 12, 2015/16 at 23.6 MMT (incl. 16.53 MMT of wheat) compared with 26.4 MMT (18.48 MMT) in Jul 1- Jan 31 of 2014/15

CORN

- India's PEC Ltd will float a tender to import about 200,000 MT of corn in a week after receiving a good response for a similar tender of Jan 13. PEC received 15 bids in the range of 192.99-245 $/mt, with the lowest offer for Ukrainian corn

- Jan 13 - Tunisia was seeking 50 MT of feed barley for Feb-March

- Italian importers bought 5,000 MT of sorghum from Black Sea at 171 $/mt c&f for February shipment

- Jan 13 - Taiwan's MFIG rejected all offers in a tender for up to 130,000 MT of corn

- Brazil meat producers warn of corn shortages as exports boom. Tight corn stocks due to aggressive corn exports in southern Brazil could lead to higher meat prices. Brazil has already exported a record 30 MMT of corn in 2015, a 10 MMT increase from the year prior, and exports are expected to continue into March

- EU to award over 500,000 MT of duty-free maize imports

- US Ethanol production for the week ended Jan 8 rose by 7,000 barrels to 1,003,000 barrels per day, it is up 2.6% from last year's level of 978,000 bpd. Stocks climbed by 246,000 barrels to 21.345 million barrels, and up 5.5% vs. 20.229 million barrels a year ago

- FranceAgriMer trimmed its projection for 2015/16 French barley stocks to 2.1 MMT from 2.2 MMT forecast last month (vs. 960 TMT last year), and lifted its corn stocks estimate to 2.9 MMT from 2.8 MMT (3 MMT in 2014/15)

SOYBEAN

- Celeres cut its 2015/16 Brazilian soybean estimate from 101.9 to 99.8 MMT

- Germany's Agravis buys stake in palm product trader from Wilmar