WHEAT

- Indian importers purchased around 52,000 MT of Ukrainian-origin wheat in past weeks. It was for September and follows 90,000 MT of Ukrainian wheat shipped to India in August and 52,100 MT in June

- Indian wheat imports could ramp up significantly in coming months after 2 years of drought, which reduced stocks to near 10-year lows and rallied domestic prices near record highs. So far in current year India bought 600,000 MT, the most in 9 years. Traders say government may lower or scrap 25% import tariff

- Argentina in August granted export licenses for 265,622 MT of low protein wheat and milling wheat; and 51,488 MT of wheat flour

- Sept 1 - Russia bought 4,050 MT of intervention grain (all wheat) via tender on the Crimean Exchange. Making the total bought since Aug 19 at 24,705 MT of 2016/17 grain (22,275 MT of wheat and 2,430 MT of barley)

- Russia's Ag Min says 2016/17 wheat exports could jump by 5 MMT to 30 MMT due to proposed reduction in export tax

- Russian government had approved a zero wheat export duty for two years

- Russia's Ag Min says Russia may harvest up to 170 MMT of grain under certain conditions by 2030

CORN

- Sept 2 - China sold 595,355 MT of 2013 corn from state reserves, or 21.2% of the offered amount (2,811,597 MT), at average price of 1,612 RMB/mt (241 $/mt)

- Sept 1 - Argentina grants export licenses for 30,100 MT of corn

- Argentina issued 1.476 MMT of corn export licenses in August

- Argentina in August granted export licenses for 121,175 MT of barley and 45,100 MT of malt

- Argentina issued 47,050 MT of sorghum export licenses in August

- FranceAgriMer estimated France's corn condition as 60% in good to excellent as of August 29, down 3% points from the prior week but above the year-ago score of 55%

- FC Stone forecasts Brazil's 2016/17 first corn crop (summer crop) at 29 MMT versus 25.88 MMT in 2015/16 and total corn crop at 85 MMT vs. 68.5 MMT last year; corn exports to recover in 2016/17 to 30 MMT vs. 20 MMT in 2015/16

- Brazil's Trade Ministry reported August corn exports at 2.565 MMT, up from 1.046 MMT in July and above than 2.284 MMT in the year ago month

- Brazil's Trade Ministry reported August ethanol exports at 168.6 million liters, down from 219.0 mln liters in July and from 196.2 mln liters last August

- 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 96.6% completed with 27.21 MMT as of Sept 1 vs. 98.4% (25.9 MMT) last year

- Buenos Aires Grain Exchange estimated 2016/17 Argentine barley acreage at 950,000 ha, down 20.8% from 1.2 mln ha in 2015/16

- Ukrainian farmers harvested 45,300 MT of maize from 0.3% of the planned area as of Sept 1, up from 21,500 MT a year ago. Yields totalled 3.64 mt/ha up from 4.22 mt/ha a year ago

- US total corn consumed for alcohol and other uses was 508 million bushels in July 2016, up 6% from June 2016 and up 1% from July 2015

- US dry mill co-product production of distillers dried grains with solubles (DDGs) was 2.05 million tons during July 2016, up 8% from June 2016 and up 4% from July 2015

- US wet mill corn gluten feed production was 340 thousand tons during July 2016, up 2% from June 2016 and up 2% from July 2015

SOYBEAN

- Sept 2 - China sold 118,630 MT of soybean produced in 2012 and 2013 from state reserves, or 19.7% of the offered amount (602,971 MT) at an average price of 3,355 RMB/mt (502 $/mt)

- China aims to produce 18.9 MMT of soybeans by 2020, up from 12.15 MMT in 2014

- China aims to produce 16.2 MMT of rapeseed by 2020, up from 14.77 MMT in 2014

- USDA estimated US July soybean crush for crude oil at 4.604 million short tons, above the average market expectation (4.596 mln tons), but down from 4.624 million tons in June 2016 and from 4.673 mln tons a year ago. Crude soyoil stocks fell to 1.866 billion lbs as of July 31 from 2.043 in June but up vs. 1.792 bln lbs in July 2015, while refined oil stocks were at 348,481 million lbs as of July 31 vs. 381,396 in June and 354,715a year ago. July US soy cake and meal stocks rose to 419,802 tons from 281,038 in June and 310,185 tons a year-ago

- Argentina in August issued a total of 246,425 MT of soybean export licenses; 929,159 MT of soymeal licenses and 382,637 MT of soybean oil licenses

- Argentina in August granted export licenses for 20,151 MT of sunflower oil and 38,817 MT of sunflower meal

- Buenos Aires Grain Exchange expects Argentina's 2016/17 sunseed acreage at 1.6 mln ha. Exchange estimates 22.2% of the crop has been planted as of Sept 1 vs. 16.7% this time last year

- FC Stone expects Brazil's 2016/17 soy crop at 101.85 MMT versus 95.4 MMT in 2015/16; soy exports at 55 MMT vs. 54.1 MMT in previous crop. FC Stone forecasts Brazil's soy output will surpass 140 MMT by 2025

- Brazil's Trade Ministry reported August soybean exports at 3.816 MMT, down from 5.787 MMT in July and from 5.162 MMT a year ago. Also Brazil exported 1.093 MMT of soymeal in August versus 1.386 MMT the month before and 1.109 MMT a year ago; and 165,900 MT of soyoil compared to 73,831 MT in July and 259,872 MT a year ago

- Ukrainian farmers harvested 321,000 MT of sunseed from 2.9% of the planned area as of Sept 1, down from 110,100 MT a year ago. Yields totalled 1.87 mt/ha up from 1.99 mt/ha a year ago

- Ukrainian farmers harvested 56,800 MT of soybean from 1.5% of the planned area as of Sept 1, down from 141,200 MT a year ago. Yields totalled 2.0 mt/ha up from 1.84 mt/ha a year ago

- Ukrainian farmers have planted 523,500 hectares of winter rapeseed (72.3% of plan) as of Sept 1 up from 258,200 ha a year ago