WHEAT

- Egypt rejected a 33,000 MT US wheat cargo for a second time as it ergot content higher than the 0.05% limit. The cargo was initially rejected on June 13 and recently retested. Egypt said the level was 0.096%

- Egypt's general prosecutor said that some local wheat was bought by the government in paper transactions only and not physically delivered

- EU in week ended July 12 granted licenses to export 779 TMT of soft wheat, bringing the total this season to 988 TMT vs. 937 TMT a year ago

- FranceAgriMer said 49% of soft wheat crops were in good and excellent condition as of July 11, down 10% points from last week and below the year-earlier score of 76%; durum rating at 53% in good to excellent vs. 55% last week and vs. 78% a year ago. French farmers harvested 40% of the durum as of July 11 vs. 14% a week ago and 75% a year ago. They also harvested 7% of the soft wheat vs. 1% a week ago and 31% a year ago

- Weekly US wheat export sales data for week ended July 7 totalled 317,700MT for 2016/17 (below trade expectations of 400-600 TMT). Export commitments for 2016/17 are running 35% ahead of year-ago

- Rosario grain exchange trimmed Argentina's 2016/17 wheat plantings estimate due to rains, now seen at 4.5 mln ha vs. 4.73 mln ha in June

- Buenos Aires Grain Exchange lowered Argentina's 2016/17 wheat acreage to 4.4 mln ha from 4.5 mln ha last week (3.6 mln ha in 2015/16). Exchange estimates 79.3% of the crop has been planted as of July 14 vs. 89% this time last year

- Ukrainian farmers harvested 5.62 MMT of wheat from 25% of the planned area as of July 14, up from 5.0 MMT a year ago. Yields totaled 3.74 mt/ha up from 3.38 mt/ha a year ago

- Russian farmers harvested 14.15 MMT of wheat from 11.6% of the planned area as of July 14, up from 10.5 MMT a year ago. Yields totaled 4.42 mt/ha up from 3.78 mt/ha a year ago

- Prozerno said Russia could harvest 112 MMT of grain this year, including 66 MMT of wheat and 14 MMT of corn

- Monsoon rains in India were 11% above average in the week ended July 13. The June-September monsoon has so far delivered 4% higher rainfall than average

CORN

- Jul 21 - Indian state-run trading company PEC seeks 80,000 MT of yellow corn for Jul 27-Aug 15 shipment

- Jul 14 - Argentina grants export licenses for 35,000 MT of barley

- Jul 14 - Argentina grants export licenses for 27,000 MT of corn

- Buenos Aires Grain Exchange left its 2015/16 Argentine corn crop estimate unchanged from prior week at 28 MMT (28.2 MMT in 2014/15). Harvesting of Argentine corn crop was 47.5% completed as of July 14, behind of last year's pace

- Weekly US corn export sales data for week ended July 7 of 1,355,600 MT, incl. 667,800 MT for 2015/16 (topped trade expectations of 350-550 TMT) and 687,800 MT for 2016/17 (above trade forecasts of 450-650 TMT). Total current marketing-year US corn export sales are 3% ahead the same point last year

- EU in week ended July 8 awarded licenses to import 30,000 MT of Ukrainian barley under an annual duty-free quota, bringing the total to 111,792 MT or 44.7% out of a total volume of 250,000 MT available in 2016

- EU in week ended July 12 awarded 215 TMT of corn (maize) import certificates, taking the volume so far this season to 371 TMT vs. 348 TMT a year ago

- EU in week ended July 12 granted licenses to export 26 TMT of corn, bringing the total this season to 49 TMT vs. 64 TMT a year ago

- EU in week ended July 12 granted licenses to export 234 TMT of barley, bringing the total this season to 427 TMT vs. 701 TMT a year ago

- FranceAgriMer said 44% of France's winter barley crops were in good to excellent condition as of July 11, down 9% points on the prior week and below the year-ago score of 86%. Spring barley rating was at 62% in good to excellent vs. 67% a week ago and vs. 65% a year ago. Harvesting of winter barley was under way, with 77% of the crop cut by July 11 (16% a week ago), well below the 92% harvest progress a year ago. French farmers also started harvesting of spring barley with 3% of the crop cut by July 11, below the 13% harvest progress a year ago

- FranceAgriMer estimated France's corn condition as 69% in good to excellent, unchanged from the prior week and above the year-ago score of 67%

- Russian farmers harvested 2.54 MMT of barley from 7.5% of the planned area as of July 14, up from 2.26 MMT a year ago. Yields totaled 4.0 mt/ha down from 3.85 mt/ha a year ago

- Ukrainian farmers harvested 4.54 MT of barley from 50% of the planned area as of July 14, up from 3.42 MMT a year ago. Yields totaled 3.28 mt/ha up from 2.94 mt/ha a year ago

SOYBEAN

- Jul 14 - Argentina grants export licenses for 335,000 MT of soymeal and 8,000 MT of sunflower meal

- Buenos Aires Grains Exchange maintains its forecast for 2015/16 Argentine soy crop at 56 MMT (60.8 MMT in 2014/15). Harvesting of Argentine soybean crop was 97.7% completed as of July 14, below last year's pace of 100%

- Weekly US soybean export sales data for week ended July 7 of 911,200 MT, incl. 364,200 MT for 2015/16 (below trade expectations of 400-600 TMT) and 547,000 MT for 2016/17 (within trade expectations of 500-700 TMT). Total current marketing-year US soybean export sales are running 2% ahead the same point last year

- Russian farmers harvested 83,700 MT of rapeseed from 4.2% of the planned area as of July 14, down from 120,900 MT a year ago. Yields totaled 1.97 mt/ha up from 1.55 mt/ha a year ago

- Ukrainian farmers harvested 474,000 MT of rapeseed from 34% of the planned area as of July 14, down from 516,000 MT a year ago. Yields totaled 2.52 mt/ha up from 2.15 mt/ha a year ago

- Surveyor Intertek Testing Services estimated Malaysia's July 1-15 palm oil exports at 561,471 MT down 0.8% from a month ago

- Surveyor SGS estimated Malaysia's July 1-15 palm oil exports at 570,631 MT up 2.8% from a month ago

- India imported 1.169 MMT of veg oils (edible & non-edible) in June vs. 1.025 MMT in May and vs. 1.016 MMT a year ago

- India imported 9.67 MMT of edible veg oils in Nov-Jun 2015/16 vs. 8.72 MMT in the same period of 2014/15

- India imported 415,580 MT of crude palm oil in June vs. 391,796 MT in May and vs. 571,496 MT a year ago. India's Nov-Jun 2015/16 crude palm oil imports at 3.767 MMT vs. 4.838 MMT a year ago

- India imported 190,050 MT of RBD palmolein in June vs. 261,159 MT in May and vs. 147,813 MT a year ago. India's Nov-Jun 2015/16 RBD palmolein imports at 1.777 MMT vs. 913,563 MT a year ago

- India imported 386,145 MT of soybean oil in June vs. 178,064 MT in May and vs. 154,090 MT a year ago. India's Nov-Jun 2015/16 soybean oil imports at 2.805 MMT vs. 1.504 MMT a year ago

- India imported 147,350 MT of sunflower oil in June vs. 150,449 MT in May and vs. 105,100 MT a year ago. India's Nov-Jun 2015/16 sunflower oil imports at 1.069 MMT vs. 1.137 MMT a year ago

- India imported 18,278 MT of rapeseed oil in June vs. 18,718 MT in May and 20,450 MT a year ago. India's Nov-Jun 2015/16 rapeseed oil imports at 190,202 MT vs. 230,877 MT a year ago

- India's stock of edible oils as of July 1, 2016 at various ports is estimated at 878,000 MT (CPO 280,000 MT, RBD palmolein 180,000 MT, degummed soybean oil 300,000 MT, crude sunflower oil 105,000 MT and 13,000 MT of rapeseed (canola) oil) and about 1,442,000 MT in pipelines. Total stock at ports and in pipelines barely decreased to 2.32 MMT from 2.33 MMT a month ago but above last year's 2.18 MMT. India's monthly requirement is about 1.65 MMT