WHEAT

- Oct 13 - Japan seeks 100,143 MT of food wheat for Nov-Jan shipment:

  • 31,970 MT of western white US wheat;
  • 14,803 MT of hard red winter US wheat;
  • 25,455 MT of dark northern spring US wheat;
  • 27,915 MT of Canadian western red spring wheat

- Oct 11 - Russia bought 44,415 MT of intervention grain (39,015 MT of wheat and 5,400 MT of barley) via tender on the NTB (National Trade Exchange, Moscow Exchange). Making the total bought since Sep 19 at 371,115 MT of 2016/17 grain (344,790 MT of wheat and 26,325 MT of barley)

- Oct 11 - China sold 5,948 MT of wheat from state reserves or 0.24% of the of the offered amount (2,522,289 MT) at auction; 3,587 MT of mixed wheat at average price of 2,500 RMB/mt (372 $/mt) and 2,361 MT of white wheat at price of 2,524 RMB/mt (376 $/mt)

- UK wheat exports rose in August to 255,857 MT, up from 201,034 MT in July and up 147% from a year-ago, including 78,099 MT to France, 71,683 MT to the Netherlands and 65,489 MT to Spain. Cumulative exports for the season, which started on July 1, 2016, totalled 456,891 MT, sharply up from 181,584 MT during the same period prior season

- UK imported 153,521 MT of wheat in August, up from 120,205 MT in July and up 34% from a year-ago, including 42,468 MT from Canada, 41,217 MT from the US and 31,690 MT from Germany. Britain's Jul-Aug wheat imports totalled 273,726 MT slightly up from 251,139 MT a year ago

- USDA attaché revised India's 2016/17 wheat imports higher to 3.0 MMT, more than USDA's official estimate of 2.0 MMT and compared to 471 TMT in 2015/16, due to the lower import duty on relatively weak international prices. On September 23, 2016, the Ministry of Finance issued a notification lowering the basic custom duty on imports of wheat from 25% to 10% till March 1, 2017

- USDA attaché projects Egypt's 2016/17 wheat imports at 11.8 MMT, less than USDA's official estimate of 12.2 MMT but up 1.7% from 2015/16

CORN

- UK imported 115,106 MT of corn in August, down from 117,770 MT in July and down 15% from a year-ago, including 65,655 MT from France and 23,324 MT from the US. Britain's Jul-Aug corn imports totalled 232,875 MT vs. 320,317 MT a year ago

- UK exported 226,041 MT of barley in August, up from 54,865 MT in July and 53% above last year level. Top customers included Spain (114,970 MT) and Portugal (73,168 MT). Cumulative barley exports for 2016/17 totalled 280,906 MT compared to 266,553 MT in Jul-Aug 2015/16

- USDA attaché in Venezuela forecasted corn production at 1.0 MMT in 2016/17, down from USDA's official projection of 1.09 MMT and down from 1.15 MMT in 2015/16. As a result, Venezuela will have to import about 2.19 MMT of corn in 2016/17, about 4% above the USDA's official projection

- USDA attaché projects Egypt's 2016/17 corn imports at 8.6 MMT, less than USDA's official estimate of 8.75 MMT but up 3% from 2015/16 due to growing feed demand

SOYBEAN

- Safras & Mercado forecasts 2016/17 Brazil Soybean output at 103.5 MMT, up slightly from previous estimate of 103.36 MMT and by 6.5% higher than last season's crop. The group pegged acreage at 33.5 million hectares up 1% over last season