WHEAT

- Jun 9 - Japan seeks 112,689 MT of food wheat for July 21-August 20 shipment:

  • 10,730 MT of western white US wheat;
  • 21,785 MT of hard red winter US wheat;
  • 55,504 MT of Canadian western red spring wheat;
  • 24,670 MT of Australian standard white wheat for October shipment

- Jun 7 - Jordan bought 100,000 MT of hard milling wheat from Cerealcom Dolj at 209.75 $/mt c&f for Nov-Dec shipment

- Qatar seeks 80,000 MT of optional-origin wheat for Aug-Sep shipment

- Indonesian mills are in private talks for 20,000 MT of Black Sea wheat

- USDA estimated 62% of the US winter wheat crop good to excellent (G/E) as of June 5, down 1% point from a week earlier and compared to 43% a year-ago, below of analysts' forecasts of 63% (62-64% - range). Harvesting of US winter wheat crop was 2% completed as of June 5, behind of last year's pace of 3% and 5-year mean of 10%, below of analysts' forecasts of 3% (0-5% - range)

- USDA estimated 79% spring wheat crop good to excellent as of June 5, unchanged from prior week and compared to 69% a year-ago, as expected

- US wheat export inspections for week, ending June 2, recorded 390,185 MT, within the market forecasts (350-550 TMT). Inspections for 2016/17 are running 40.8% ahead of year-ago

- Maldives seeks 6,000 MT of optional origin wheat flour. Participants must register by Aug 10 and offers will be opened on Aug 30

- Syria's government has raised the price it pays local farmers for their wheat to 100 Syrian pounds ($0.212) a kg as it attempts to buy as much Syrian grain as possible. Last year, farmers sold just over 450,000 MT of wheat

- China auctioned 13,621 MT of wheat from state reserves, or 0.55% of the total volume up for auction, and included white wheat and mixed wheat, which sold at an average price of 2,336 RMB/mt (355.52 $/mt) and 2,492 RMB/mt respectively

- Rosselkhoznadzor estimated Russian grain exports between Jul 1-Jun 3, 2015/16 at 35.95 MMT (incl. 23.56 MMT of wheat) compared with 36.39 MMT (22.19 MMT) in Jul 1-Jun 30 of 2014/15

- Russian customs data shows during the January - April 2016 period the country exported 7.0 MMT of wheat compared to the 3.6 MMT sent abroad in the year earlier period

- Russian Ag Min says has no plans to buy large amounts of 2016/17 grain for intervention stocks as supplies currently large; keeps forecast for 2016 grain crop unchanged at 106 MMT

- Jun 8 - Iraq tendering to buy at least 50,000 MT of rice for July-August shipment

- Jun 7 - South Korea's Agro-Fisheries & Food Trade Corp bought a total of 45,556 MT of brown short rice from China and Australia at 861.2- 866.7 $/mt for arrival in November and December

CORN

- Jun 8 - Algeria's OAIC seeks at least 50,000 MT of optional-origin barley for August shipment

- Jun 6 - Argentina grants export licenses for 30,750 MT of corn

- Early harvested corn is lowering record high Brazilian prices

- US corn export inspections for week, ending June 2, reported 1,067,513 MT, near the high-end of market forecasts (0.9-1.1 MMT). Inspections for 2015/16 are running 9.7% behind year-ago

- USDA said the US corn crop 98% planted as of June 5, below the year-earlier score (99%), but slightly ahead the five-year average of 97% and average market expectations for 97% complete (96-98% - range). Corn condition was rated as 75% good to excellent as of June 5, up 3% points from a week earlier and compared to 74% a year-ago, ahead of market expectations of 72% (71-75% - range)

- USDA estimated US sorghum planting 58% complete as of June 5, compared to 52% last year and a 62% five-year average

SOYBEAN

- Jun 7 - USDA announced export sales of 180,000 MT of US soybeans to China for delivery during 2016/17

- Jun 6 - USDA announced export sales of 125,000 MT of US soybeans to unknown destinations for delivery during 2016/17

- US soybean export inspections for week, ending June 2, reported 98,378 MT, slightly less than trade forecasts that ranged from 100,000 to 300,000 MT. Inspections for the 2015/16 marketing year are running 7.8% behind year-ago

- USDA said the US soybean planting was 83% complete as of June 5, ahead a year-ago of 77% and the five-year average of 77%, but below of average trade estimates of 85% (82-88% - range). soybean condition was rated as 72% good to excellent as of June 5 compared to 69% a year-ago, ahead of market expectations of 70% (67-72% - range)

- India's oilmeal exports fell 94% from a year ago to 7,737 MT in May (121,339 MT in May 2015)

- India exported 1,015 MT of soybean meal in May vs. 1,442 MT a month ago and 14,046 MT a year ago

- India exported 3,090 MT of rapeseed meal in May vs. 14,163 MT a month ago and 35,188 MT a year ago

- India exported 2,432 MT of castor seed meal in May vs. 37,785 MT a month ago and 31,487 MT a year ago