WHEAT

- Aug 5 - Argentina grants export licenses for 23,000 MT of low protein wheat

- South Korea has not detected any genetically modified wheat in tests on imports of wheat and flour from Washington state, after the discovery of unapproved GM wheat in the US state prompted Japan and South Korea to suspend certain US imports

- Russia's Ag Min said Russia exported about 2.192 MMT of grain between July 1-August 3, 2016/17, down by 4.4% from 2.293 MMT a year ago, including:

  • wheat – 1.68 MMT (1.441 MMT a year ago);
  • barley – 465 TMT (687 TMT);
  • corn – 25 TMT (153 TMT);
  • others – 22 TMT (12 TMT)

- Russia has 3,259,900 MT of grain in its federal intervention fund as of August 5

- Russian farmers harvested 43.15 MMT of wheat from 39.7% of the planned area as of August 5, up from 36.12 MMT a year ago. Yields totalled 3.93 mt/ha up from 3.4 mt/ha a year ago

- Kazakh farmers harvested 1.33 MMT of all grains as of August 8, up from 1.08 MMT a year ago. Yields totalled 2.19 mt/ha up from 1.73 mt/ha a year ago

- Ukrainian farmers harvested 24.4 MMT of wheat from 93% of the planned area as of August 5, up from 23.4 MMT a year ago. Yields totalled 4.2 mt/ha up from 3.78 mt/ha a year ago

- France exported 1.2 MMT of soft wheat outside the EU in June (incl. 466 TMT to Algeria and 163 TMT to Thailand), with Jul-Jun 2015/16 France's soft wheat shipments outside the EU at 12.6 MMT, up 11% on the year-earlier. Total French soft wheat exports, including shipments within the EU, in 2015/16 were up 6% at 20.4 MMT (19.3 MMT in 2014/15)

- Egypt's general prosecutor said that local wheat suppliers worked with government employees to falsely claim 621 million Egyptian pounds ($69.9 million) worth of grain that does not exist

CORN

- Informa Economics pegs 2016 US corn crop at 14.694 billion bushels based on an average yield of 169.8 bu per acre

- Zimbabwe's president said that country targeting to produce at least 2 MMT of maize in 2016/17

- Russian farmers harvested 7.86 MMT of barley from 30.1% of the planned area as of August 5, up from 6.1 MMT a year ago. Yields totalled 3.12 mt/ha up from 2.68 mt/ha a year ago

- Ukrainian farmers harvested 9.3 MMT of barley from 96% of the planned area as of August 5, up from 7.8 MMT a year ago. Yields totalled 3.37 mt/ha up from 2.98 mt/ha a year ago

- France exported 152.5 TMT of barley outside the EU in June (incl. 64 TMT to China). A further 308.3 TMT were exported within the EU in June, bringing total French barley exports in 2015/16 to 7.7 MMT (incl. 4.6 MMT to non-EU), up from 6.6 MMT (incl. 3.6 MMT to non-EU) in 2014/15

SOYBEAN

- Aug 5 - USDA announced export sales of 498,000 MT of US soybeans to China for delivery during 2016/17

- Informa Economics projected the US soybean crop will total 3.958 billion bushels this year, with an average yield of 47.7 bpa

- China imported 7.76 MMT of soybeans in July, up 2.6% compared to the previous month but down 18% from a year-ago level. However, for the first seven months of the year, imports have climbed 3.6% from a year ago to 46.3 MMT

- China's imports of all vegetable oils in July was 450,000 MT compared to 310,000 MT in June. For the first seven months of the year China imported 2.88 MMT of vegoils

- Russian farmers harvested 138,100 MT of rapeseed from 7.1% of the planned area as of August 5, down from 180,800 MT a year ago. Yields totalled 1.95 mt/ha up from 1.79 mt/ha a year ago

- Ukrainian farmers harvested 1.1 MMT of rapeseed from 91% of the planned area as of August 5, down from 1.6 MMT a year ago. Yields totalled 2.62 mt/ha up from 2.55 mt/ha a year ago

- ODA Group says French rapeseed harvest will be hurt by recent rains estimating the crop will fall to 4.4 MMT

- India's summer crop sowing as of August 5 up 5% on year

- Cargill Inc is to sell two oilseed crushing plants in western Europe to Bunge with a combined annual crushing capacity of about 2 MMT. The planned sale covers a plant in the port of Amsterdam in the Netherlands, along with some related port terminal assets, and a facility at the French port of Brest

- New Zealand farm company Landcorp said it would ban its farmers from using palm kernel expeller (PKE). The state-owned company, which runs 140 farms, said it would end the use of the PKE by June 2017