WHEAT

- Dec 23 - Bangladesh tenders to buy 50,000 tons of optional origin wheat

- Dec 21 - Iraq tenders to buy at least 50,000 tons of hard wheat

- Dec 14 - Olam International made the lowest offer of 268.47 $/t cif to sell 50,000 tons of wheat to Bangladesh in a tender

- Dec 12 – Turkey TMO bought 27,500 tons of optional-origin durum wheat at 435, 438 and 439 $/t c&f for Dec-Jan shipment

- Dec 11 - Egypt GASC bought 180 KMT of Russian and French wheat for shipment January 11-20:

  • 60 KMT of French wheat from Soufflet at 262.64 $/t c&f (247.24 $/t fob plus $15.4 freight)
  • 60 KMT of Russian wheat from Vitol at 262.76 $/t c&f (251.38 $/t fob plus $11.38 freight)
  • 60 KMT of Russian wheat from Bunge at 263.38 $/t c&f (252 $/t fob plus $11.38 freight)

- Dec 11 - Japan bought 143,317 tons of US, Canadian, Australian food wheat:

  • 48,852 tons of US western white wheat
  • 17,370 tons of US hard red winter wheat
  • 24,795 tons of US dark northern spring wheat
  • 26,380 tons of Canadian western red spring wheat
  • 25,920 tons of Australian white wheat

- Greece bought 5,000 tons of Ukraine wheat at 256 $/t c&f for Jan shipment

- Dec 10 - Jordan bought 50,000 tons of optional origin hard milling wheat from ADM at 275.95 $/t c&f for June-July shipment

- Dec 10 - South Korean flour mills Daehan Flour Mill Co Ltd and Dong A One jointly purchased 81,200 tons of Australian standard wheat (67.2 KMT at 273.65 $/t fob) and Australian hard wheat (14 KMT at 297 $/t fob)

- Dec 4 - Japan bought 146,660 tons of US, Canadian food wheat for Jan- Feb shipment

- Dec 4 - South Korea KFA rejected all offers and made no purchaser of up to 40,000 tons of feed wheat for Feb shipment

- Dec 3 - Egypt GASC bought 175,000 tons of Romanian, Ukrainian wheat for shipment January 1-10:

  • 60 KMT of Romanian wheat from Ameropa at 270.17 $/t c&f (260.17 $/t fob plus $10 freight)
  • 60 KMT of Romanian wheat from Bunge at 270.17 $/t c&f (260.17 $/t fob plus $10 freight)
  • 55 KMT of Ukrainian wheat from Venus at 273.4 $/t c&f (257.50 $/t fob plus $15.9 freight)

- Kazakhstan's Ag Min said Kazakhstan exported 3.05 MMT of grain between July 1 – December 10 vs. 3.97 MMT a year ago

- Kazakhstan Ag Min estimated Kazakh grains harvest at around 17 MMT (clean weight) this year vs. an earlier forecast of 15.5 MMT and vs. 18.2 MMT. Kazakhstan is likely to export 7 MMT of grain in the 2014/15, down from an earlier estimate of up to 8 MMT and vs. 8.7 MMT

- Russia Ag Min said Russia has exported 18.267 MMT of grain between July 1 – Dec 3 up 31.9% from a year ago

- SovEcon said Russia's grain exports will remain at high levels in December (2.9-3 MMT vs. 3.14 MMT in Nov), fueled by a weaker rouble

- Russia does not plan to restrict grain exports despite rouble weakness, but should limit exports via offshore firms

- Ukraine's Ag Min said Ukraine has exported 17.09 MMT of grain between July 1 – Dec 15 including wheat – 7.74 MMT, corn – 5.67 MMT and barley – 3.49 MMT

- China's stats bureau estimated China's 2014 grain crop at 607 MMT up almost 1% from a year ago

- China's stats bureau estimated China's 2014 wheat crop at 126 MMT vs. 122 MMT in 2013

- StatCan estimated Canadian 2014 all wheat crop at 29.28 MMT vs. average market estimate of 27.8 MMT vs. Stats Can October estimate of 27.48 MMT and vs. 2013 all wheat crop of 37.53 MMT

- ABARES lowered Australia's 2014/15 wheat export forecast to 16.99 MMT, down 6% from a September forecast

- Informa Economics projected Russia 2015/16 all-wheat production at 55 MMT vs. 60 MMT in 2014/15

- Argentina approved an additional 1 MMT of 2014/15 wheat for export

- Informa Economics lowered Argentina 2014/15 wheat crop forecast to 12.5 MMT, from previous 12.6 MMT

- Argentine wheat crop seen big enough to meet Brazil demand - Rosario grains exchange

- Conab lowered Brazil's 2014/15 wheat crop forecast to 5.95 MMT from November estimate of 7 MMT

- FranceAgriMer lifted French 2014/15 soft wheat ending stocks estimate to new 10-year high of 4.55 MMT from 4.3 MMT last month

- French farm ministry put the area sown with winter soft wheat for the 2015 harvest at 5.1 MH, up 1.8% on this year, in its first estimate for next year's crop

- China will issue low-tariff rate grain import quotas for 2015 without changing volumes from this year. Wheat quotas will be set at 9.636 MMT, 10% of which will be allocated to private mills. Mills have to buy grain from state reserves for access to import quotas

- FAO estimated 2014 global world cereal production at 2.532 billion tons (record) up 0.3% from 2013

- Morocco sees a good cereal harvest this year thanks to rainfall levels. Morocco will keep customs duties on soft wheat unchanged at 17.5% until the end of April 2015

CORN

- Dec 19 - Dalian Exchange to launch corn starch futures

- Dec 12 - South Korea KOCOPIA bought about 60,000 tons of US corn from Marubeni at 223.79 $/t c&f including surcharge for unloading at a second port for arrival around Apr 10, 2015

- Dec 10 - USDA announced 188,976 tons of US corn sold to unknown destinations for 2014/15 shipment

- Dec 8 - USDA announced 136,000 tons of US corn sold to Japan for 2014/15 shipment

- Dec 4 - South Korea NOFI bought 68,000 tons of US or South American corn from ADM Asia at 210.88 $/t c&f plus a 1.50 $/t surcharge for additional port unloading for arrival around Apr 5, 2015

- Dec 4 - South Korea KFA bought 60,000 tons of US or South American origins corn from Mitsubishi at 210.88 $/t c&f plus a 1.50 $/t surcharge for additional port unloading for arrival around Apr 25, 2015

- Dec 3 - USDA announced 196,000 tons of US corn sold to Mexico for 2014/15 shipment

- U.S. Grains Council said that Turkey rejected three shipments of US DDGs, as it steps up enforcement of rules on imports of genetically modified corn

- China's stats bureau estimated China's 2014 corn crop at 215.67 MMT vs. 218 MMT in 2013

- Conab raised Brazil's 2014/15 corn crop forecast to 78.7 MMT from 78.1 MMT previously, but down from the 79.9 MMT in 2013/14

- FCStone lowered Brazil's 2014/15 corn crop forecast to 74.3 MMT from 76.4 MMT previously and vs. 78.1 MMT in 2013/14

- Informa Economics lowered Brazil 2014/15 all-corn crop forecast to 68.7 MMT, from previous 69.7 MMT

- Informa Economics lowered Argentina 2014/15 corn production forecast to 22 MMT, from previous 23 MMT

- StatCan estimated Canadian 2014 corn crop at 11.487 MMT vs. average market estimate of 11.6 MMT vs. Stats Can October estimate of 11.397 MMT and vs. 2013 crop of 14.194 MMT

- FranceAgriMer raised its estimate of French 2014 maize harvest to 17.3 MMT from 16.9 MMT seen last month

- China will issue low-tariff rate grain import quotas for 2015 without changing volumes from this year. Corn quotas will be set at 7.2 MMT, 40% of which will be allocated to private mills. Mills have to buy grain from state reserves for access to import quotas

- Ukraine may default on corn contracts (up to 20% of volume) for China – traders

- Ukrainian grain stocks totalled 30.9 MMT as of Dec 1, up 14% from a year earlier, including wheat – 9.7 MMT, corn – 17.2 MMT and barley – 2.5 MMT

SOYBEAN

- South Korea seeks 180,000 tons of non GMO soybeans for 2016 shipment

- Dec 16 - Representatives of six Chinese soybean buyers will sign agreements with U.S. exporters to buy an unspecified amount of soybeans at a signing ceremony in Chicago

- Dec 12 - USDA announced 110,000 tons of US soybeans sold to unknown destinations for 2015/16 shipment

- Dec 8 - USDA announced 130,000 tons of US soybeans sold to Spain for 2014/15 shipment

- Dec 5 - USDA announced 240,000 tons of US soybeans sold to unknown destinations for 2014/15 shipment

- Dec 4 - South Korea NOFI canceled tender to buy 55,000 tons of soymeal for May arrival as prices were regarded as too high

- China soy imports rose in Nov on seasonal demand to 6.03 MMT, up 47.1% from a month ago. China's Jan-Nov soybean imports estimated at 62.87 MMT, up 12.3% from the corresponding period in 2013. Analysts expect December soy imports to exceed 7.5 MMT (record monthly high)

- Conab raised Brazil's 2014/15 soybean crop forecast to 95.8 MMT from 90.5 MMT previously and vs. 86.1 MMT in 2013/14

- Conab estimated Brazil's 2014/15 soybean exports at 49.6 MMT (record) vs. 45.6 MMT (estimate) in 2013/14

- FCStone raised Brazil's 2014/15 soybean crop forecast to 93.1 MMT from 92.7 MMT previously and vs. 87.5 MMT in 2013/14

- Informa Economics raised Brazil 2014/15 soybean production forecast to 93.5 MMT, from previous 93.0 MMT

- Informa Economics lowered Argentina 2014/15 soybean production forecast to 55.5 MMT, from previous 56 MMT

- StatCan estimated Canadian 2014 soybeans crop at 6.049 MMT vs. average market estimate of 5.9 MMT vs. Stats Can October estimate of 5.96 MMT and vs. 2013 crop of 5.36 MMT

- Strategie Grains estimated EU 2015 soybeans crop at 1.8 MMT unchanged from 2014

BARLEY

- Dec 10 - Japan received no offers for SBS tender for 120,000 wheat and 200,000 barley. New SBS tender for 120,000 wheat and 200,000 barley for March shipment will be held on Dec 17

- Dec 9 - Turkey TMO bought 100,000 tons of feed barley for Dec-Jan shipment

- StatCan estimated Canadian 2014 barley crop at 7.12 MMT vs. average market estimate of 7.2 MMT vs. Stats Can October estimate of 7.12 MMT and vs. 2013 crop of 10.237 MMT

RICE

- Iraq seeks at least 30,000 tons of rice. The closing date for the tender is Dec 22, and offers should stay valid until Dec 26

- Thailand's government to open tender for 400 KMT of rice from stocks this month

- China's stats bureau estimated China's 2014 rice crop at 206.4 MMT vs. 203 MMT in 2013

- China will issue low-tariff rate grain import quotas for 2015 without changing volumes from this year. Rice quotas will be set at 5.32 MMT, 50% of which will be allocated to private mills. Mills have to buy grain from state reserves for access to import quotas

- Philippines allows private traders to import 187,000 tons of rice for arrive on or before Feb. 28

- Dec 3 - Bangladesh signed deal to export 50,000 tons of rice to Sri Lanka at 450 $/t

OTHERS

- Dec 31 - Bangladesh tenders to buy 1,500 tons of chickpeas

- Strategie Grains estimated EU 2015 rapeseed crop at 21.6 MMT vs. 24.1 MMT in 2014

- Strategie Grains estimated EU 2015 sunseed crop at 8.5 MMT vs. 8.9 MMT in 2014

- StatCan estimated Canadian 2014 canola crop at 15.56 MMT vs. average market estimate of 14.6 MMT vs. Stats Can October estimate of 14.08 MMT and vs. 2013 crop of 17.97 MMT

- Surveyor SGS estimated Malaysia's Dec 1-15 palm oil exports at 618,134 tons down 2.1% from a month ago

- MPOB estimated Malaysia's November palm oil stocks at 2.28 MMT vs 2.17 MMT in Oct

- MPOB estimated Malaysia's November palm oil output down 7.5% m/m to 1.75 MMT, exports weaken by 6.1%

- India's Nov vegetable oil imports estimated at 1.19 MMT vs. 0.944 MMT a year ago

- India's Nov soybean oil imports estimated at 121.1 KMT vs. 15 KMT a year ago

- India's Nov sunflower oil imports estimated at 194 KMT vs. 120.2 MMT a year ago

- India's Nov crude palm oil imports estimated at 712.9 KMT vs. 550.7 MMT a year ago

- India's Nov RBD palmolein imports estimated at 55.8 KMT vs. 208.1 MMT a year ago