WHEAT

- May 4 - Israeli group (Sherutei Bar Grains Import Ltd) seeks 40,000 MT of optional origin feed wheat for July-August shipment

- Egypt has bought 502,000 MT of domestic wheat since the start of the procurement season on April 15

- Argentina in April grants export licenses for 955,423 MT of wheat and 41,606 MT of wheat flour

- USDA estimated 61% of the US winter wheat crop good to excellent (G/E) as of May 1 compared to 59% a week ago and 43% a year-ago, topped analysts' expectations of 60% G/E (range 59-61%)

- USDA estimated US spring wheat planting 54% complete as of May 1 compared to 69% last year and a 39% five-year average. It is lower than average expectations of 57% (range 51-61%)

- US wheat export inspections for week, ending April 28, recorded 355,757 MT, within the market forecasts (275-500 TMT). Inspections for 2015/16 are running 12.7% behind year-ago

- European Commission (EC) forecasts 2016 EU soft wheat crop at 142.76 MMT vs. 151.31 MMT last year. EU's executive maintains its EU soft wheat exports estimate at 27 MMT in 2016/17, down from 28.98 MMT current season. Soft wheat inventories in the region are forecasted at 18.87 MMT by the end of June 2017, slightly above 18.29 MMT estimated for 2015/16

CORN

- May 4 - Israeli group (Sherutei Bar) seeks up to 120,000 MT of optional origin corn for June-September shipment

- Apr 28 - Algerian feed makers' office ONAB bought at least 30,000 MT of corn, likely from the US, at 195 $/mt C&F for shipment in June 1-15

- Argentina issues 2.529 MMT of corn export licenses in April

- Argentina issues 172,500 MT of barley export licenses in April

- Brazil's Trade Ministry reported April corn exports at 367,602 MT, down from 2.024 MMT in March but above than 159,250 MT in the year ago month. Corn exports totaled a record 12.2 MMT from January through April, up from 5.1 MMT over the same period a year ago

- Celeres sharply lowered its forecast for Brazil's second annual corn crop by 10% to 52.8 MMT from the previous month due to bad weather over the main growing areas

- Brazil's Trade Ministry reported April ethanol exports at 71,791 million liters, down from 207,101 mln liters in March but up from 21,018 mln liters last April

- EC expects 2016 EU corn harvest at 65.27 MMT, up from 58.17 MMT in 2015. EC forecasts EU 2016/17 corn imports at 11 MMT vs. 12.63 MMT in 2015/16 and ending stock at 13.94 MMT vs. 16.72 MMT last season

- EC expects 2016 EU barley harvest at 61.66 MMT, up from 60.55 MMT in 2015. EC forecasts EU 2016/17 barley exports at 10 MMT vs. 12.2 MMT in 2015/16 and ending stock at 7.82 MMT vs. 5.68 MMT last season

- US corn export inspections for week, ending Apr 28, reported 1,158,757 MT, in line with market expectations (1-1.2 MMT). Inspections for 2015/16 are running 12.6% behind year-ago

- USDA said the US corn crop 45% planted as of May 1, equaling the year-ago score but above the five-year average of 30%, below market expectations for 47% complete (range 43-50%)

- USDA estimated US sorghum planting 23% complete as of May 1, compared to 28% last year and a 26% five-year average

- US total corn consumed for alcohol and other uses was 484.1 million bushels in March 2016, up 3% from Feb 2016 but down 1% from Mar 2015

- US dry mill co-product production of distillers dried grains with solubles (DDGs) was 1.92 million tons during March 2016, up 7% from Feb 2016 and up 8% from Mar 2015

- US wet mill corn gluten feed production was 342.7 thousand tons during March 2016, up 10% from Feb 2016 and up 3% from Mar 2015

- There are some talks that China may sell corn directly out of the reserve to processors without an auction

SOYBEAN

- May 9 - A group of importers in Thailand seeks up to 120,000 MT of soymeal in two consignments each of 60,000 MT for October and November shipment

- May 2 - Argentina grants export licenses for 23,086 MT of sunflower oil and 6,300 MT of sunflower meal

- Argentina in April grants export licenses for 15,449 MT of sunflower; 95,405 MT of sunflower oil and 144,275 MT of sunflower meal

- Argentina in April issues a total of 3.8 MT of soybean export licenses; 5.55 MMT of soymeal licenses and 751,057 MT of soybean oil licenses

- Brazil's Trade Ministry reported April soybean exports at unprecedented 10.086 MMT, up from 8.375 TMT in March and 6.551 MMT a year ago. Soybean exports over Jan-Apr totaled 20.89 MMT, up from 13.1 MMT in the same four months a year ago. Also Brazil exported 1.431 MMT of soymeal in Apr versus 1.497 MMT the month before and 1.198 MMT a year ago; and 75,823 MT of soyoil compared to 109,653 MT in Mar and 117,196 MT a year ago

- US soybean export inspections for week, ending Apr 28, reported 151,033 MT, below trade forecasts that ranged from 200,000 to 400,000 MT. Inspections for the 2015/16 marketing year are running 7% behind year-ago

- USDA said the US soybean planting was 8% complete as of May 1, down from 10% a year ago but above the five-year average of 6%, matching analysts' expectation of 8% (range 8-9%)

- USDA estimated US March soybean crush for crude oil at 4,992 million tons (short tons), topped the average market expectation (4.966) and up from 4.639 million tons in February 2016. Crude soyoil stocks climbed to 1.957 billion lbs as of Mar 31 from 1.88 in Feb, while refined oil stocks were at 368,327 million lbs as of Mar 31 vs. 399,967 in Feb. March US soy cake and meal stocks fell to 302,672 tons from 330,057 in Feb

- Argentina lost an estimated 9 MMT of soy in the April storms that swamped the Pampas farm belt, an analyst with the state weather agency said on Monday, forecasting a 15 to 16% drop in production

- EC expects 2016 EU rapeseed harvest at 22.26 MMT, slightly up from 21.46 MMT in 2015

- EC forecasts 2016 EU sunflower seed crop at 8.2 MMT, up 13.6% from 7.22 MMT in 2015

- EC forecasts 2016 EU soybean harvest at 2.08 MMT, down 5% from 2.19 MMT in 2015

- Surveyor SGS estimated Malaysia's Apr 1-30 palm oil exports at 1,088,052 MT down 6.8% from a month ago

- Surveyor Intertek Testing Services estimated Malaysia's Apr 1-30 palm oil exports at 1,108,619 MT down 5.6% from a month ago