WHEAT

- Oct 14 - Saudi Arabia's SAGO (Saudi Grains Organisation) bought 610,000 MT of hard wheat (12.5% protein) of EU, North and South American and Australian origin at an average price of 210.57 $/mt c&f in 10 consignments for Dec-Jan shipment to the ports of Jeddah (370 TMT), Dammam (185 TMT) and Jazan (55 TMT):

  • Jeddah Sea Port:
    • 60,000 MT of hard wheat from Louis Dreyfus at 208.74 $/mt c&f (Dec 1-10);
    • 60,000 MT of hard wheat from Concordia at 207.42 $/mt c&f (Dec 10-20);
    • 60,000 MT of hard wheat from Concordia at 206.67 $/mt c&f (Jan 1-10);
    • 65,000 MT of hard wheat from ADM Hellas at 208.94 $/mt c&f (Jan 10-20);
    • 60,000 MT of hard wheat from Louis Dreyfus at 209.74 $/mt c&f (Jan 20-30);
    • 65,000 MT of hard wheat (German/Poland/Latvia Origins) from Cargill at 190.71 $/mt fob (Dec 1-30) to be carried by National Shipping Company of Saudi Arabia (Bahri).
  • Dammam Sea Port:
    • 65,000 MT of hard wheat from Cargill at 213.76 $/mt c&f (Dec 1-10);
    • 60,000 MT of hard wheat from Louis Dreyfus at 209.24 $/mt c&f (Jan 10-20);
    • 60,000 MT of hard wheat (German/Poland/Latvia Origins) from Olam at 192.00 $/mt fob (Dec 1-30) to be carried by Bahri.
  • Jazan Sea Port:
    • 55,000 MT of hard wheat from Cargill at 211.16 $/mt c&f (Dec 1-10)

- Oct 14 - Argentina grants export licenses for 40,286 MT of low protein wheat

- Russia's Ag Min said Russia exported about 11.197 MMT of grain between July 1-Oct 12, 2016/17, down by 5% from 11.753 MMT a year ago, including:

  • wheat – 9.242 MMT (9.117 MMT a year ago);
  • barley – 1.326 MMT (1.936 MMT);
  • corn – 577 TMT (617 TMT);
  • others – 52 TMT (83 TMT)

- Russia has 3,287,700 MT of grain in its federal intervention fund as of October 14

- Ukraine's Ag Min said Ukraine exported 11,9 MMT of grain between July 1-October 17, 2016/17, up by 12% from 10.6 MMT a year ago, including:

  • wheat – 7.6 MMT (6.1 MMT a year ago);
  • corn – 0.9 MMT (1.5 MMT);
  • barley – 3.3 MMT (2.9 MMT)

- Egypt has enough strategic wheat reserves to last for next four and half months

- Kazakhstan's grain stocks as of October 1, 2016 accounted 14.59 MMT, including 11.75 MMT of wheat thereof 10.43 MMT of milling wheat compared to 12.9 MMT (incl. 10.87 MMT of wheat thereof 9.79 MMT of milling) a year ago

- Kazakh farmers harvested 23.44 MMT of all grains from 99.5% of the planned area as of Oct 17, up from 17.77 MMT a year ago. Yields totalled 1.53 mt/ha up from 1.27 mt/ha a year ago

CORN

- Oct 14 - Argentina grants export licenses for 75,084 MT of corn and 8,000 MT of barley

SOYBEAN

- Oct 14 - A delegation of soybean importers from China signed agreements to buy 5.1 MMT of US soybeans valued at $2.1 billion at a ceremony in Des Moines, Iowa. This is down notably from last year's signing ceremony in Des Moines, when the Chinese delegation inked deals to buy 13.18 MMT of soybeans from the US, valued at $5.3 billion

- Oct 14 - Argentina grants export licenses for 225,000 MT of soymeal

- AgRural reports Brazilian soybean crop was 18% planted as of Oct 13 vs. 11% a week ago and 13% a year ago

- Surveyor Intertek Testing Services estimated Malaysia's October 1-15 palm oil exports at 627,864 MT down 6.3% from a month ago

- Surveyor SGS estimated Malaysia's October 1-15 palm oil exports at 633,252 MT down 5.2% from a month ago

- Egypt has sufficient vegoils reserves to cover six months' needs

- Oil World expects that Iran would increase vegetable oil imports in 2016/17 (Oct-Sept) to 1.35 MMT (incl. 0.5 MMT of palm, 0.4 MMT of soy and 0.33 MMT of sunflower oil) from 1.05 MMT in 2015/16 (incl. 0.45 MMT of palm, 0.28 MMT of soy and 0.21 MMT of sunflower oil)

- India imported 1.399 MMT of veg oils (edible & non-edible) in September vs. 1.262 MMT in August and vs. 1.216 MMT a year ago

- India imported 564,912 MT of crude palm oil in September vs. 540,633 MT in August and vs. 596,091 MT a year ago. India's Nov-Sept 2015/16 crude palm oil imports at 5.235 MMT vs. 6.846 MMT a year ago

- India imported 205,087 MT of RBD palmolein in September vs. 212,036 MT in August and vs. 173,410 MT a year ago. India's Nov-Sept 2015/16 RBD palmolein imports at 2.401 MMT vs. 1.43 MMT a year ago

- India imported 469,554 MT of soybean oil in September vs. 333,599 MT in August and vs. 321,062 MT a year ago. India's Nov-Sept 2015/16 soybean oil imports at 3.957 MMT vs. 2.581 MMT a year ago

- India imported 103,638 MT of sunflower oil in September vs. 113,015 MT in August and vs. 68,216 MT a year ago. India's Nov-Sept 2015/16 sunflower oil imports at 1.419 MMT vs. 1.429 MMT a year ago

- India imported 29,951 MT of rapeseed oil in September vs. 47,677 MT in August and 32,495 MT a year ago. India's Nov-Sept 2015/16 rapeseed oil imports at 333,571 MT vs. 339,800 MT a year ago

- India's stock of edible oils at ports and in pipelines as of October 1 increased to 2.09 MMT from 2.055 MMT a month ago, but below last year's 2.24 MMT. India's monthly requirement is about 1.65 MMT