WHEAT

- Nov 2 - Israeli group seeks 45,000 MT of optional origin feed wheat for Dec-March shipments

- Russian wheat export prices rose for the sixth consecutive week on support from higher prices in Ukraine

- Russia's Ag Min said Russia exported about 12.504 MMT of grain between July 1-Oct 26, 2016/17, down by 6% from 13.306 MMT a year ago, including:

  • wheat – 10.146 MMT (10.184 MMT a year ago);
  • barley – 1.405 MMT (2.188 MMT);
  • corn – 892 TMT (825 TMT);
  • others – 62 TMT (109 TMT)

- Russia has 3,413,400 MT of grain in its federal intervention fund as of October 28 vs. 1,842,500 MT a year ago

- USDA attaché projects Australia's 2016/17 wheat production at 27.5 MMT (24.5 MMT in 2015/16), and exports at 19.5 MMT (16 MMT in 2015/16), both matching USDA's official estimates

- Kazakh farmers harvested 23.67 MMT of all grains from 100% of the planned area as of Oct 31, up from 19.79 MMT a year ago. Yields totalled 1.54 mt/ha up from 1.34 mt/ha a year ago

- Oct 30 - EU and Canada have signed the free trade agreement (CETA, Comprehensive Economic and Trade Agreement)

CORN

- Nov 2 - Israeli group seeks up to 95,000 MT of optional origin corn for Dec-March shipments

- Nov 2 - Israeli group seeks 30,000 MT of optional origin feed barley for Dec-March shipments

- Oct 28 - Argentina grants export licenses for 30,114 MT of barley and 5,354 MT of corn

- China will offer major processors in top growing provinces (Jilin, Liaoning and Heilongjiang) subsidies of 200 yuan ($29.5) per MT of corn consumed to stimulate consumption of the grain. Corn must be bought between Nov 1, 2016, and the end of April 2017; and processed by the end of June 2017

- USDA attaché projects Australia's 2016/17 barley production at 9.9 MMT (8.593 MMT in 2015/16), and exports at 6.7 MMT (5.5 MMT in 2015/16), both matching USDA's official estimates

- USDA attaché in Australia forecasts sorghum crop at 2 MMT in 2016/17 (2.037 MMT in 2015/16), less than USDA's official projection of 2.2 MMT. As a result of lower production and declining international demand, 2016/17 Argentine sorghum exports are expected at 800,000 MT, 11.1% below the USDA's official projection (900,000 MT) and below last year's level of 1.0 MMT

SOYBEAN

- Oct 28 - Argentina grants export licenses for 174,000 MT of soymeal

- AgRural said Brazilian soybean crop was 41% planted as of Oct 27 vs. 29% a week ago vs. 31% a year ago and vs. 40% five-year average. AgRural forecasts 2016/17 crop at 100.4 MMT vs. 95.4 MMT last year

- Oil World estimates combined EU 2016/17 production of 17 oils & fats at a four-year low of 23.7 MMT, while EU consumption is forecast to stagnate at 32.7 MMT. EU vegoil net import requirements are expected to rise to a record 8.9 MMT (up 0.3 MMT on the year); most of it will be covered by palm oil and sunflower oil

- Surveyor Intertek Testing Services estimated Malaysia's October 1-31 palm oil exports at 1,288,894 MT down 6.4% from a month ago

- Surveyor SGS estimated Malaysia's October 1-31 palm oil exports at 1,295,576 MT down 5.1% from a month ago