WHEAT

- Philippines is seeking 165,000 MT of feed wheat for Feb, Mar and Apr arrival

- Nov 4 - South Korea's CJ Cheiljedang Corp seeks a total of 47,200 MT of Australian wheat (38,000 MT of standard white (ASW) 10.3-11% protein, 5,700 MT of hard wheat min 11.5% and 3,500 MT of premium wheat min 10.5%) for Mar 16-Apr 15 shipment

- Nov 4 - Japan bought 153,156 MT of food wheat for Dec-Mar shipment:

  • 34,060 MT of western white US wheat;
  • 24,851 MT of dark northern spring US wheat;
  • 59,630 MT of Canadian western red spring wheat;
  • 34,615 MT of Australian standard white wheat

- Indonesia in a recent deal bought 20,000 MT of Canadian western red spring wheat, 13.5% protein, at 265-270 $/mt c&f for February shipment

- Indonesia in a recent deal bought 25,000 MT Australian standard wheat at 210 $/mt c&f for February shipment

- Nov 1 - Algeria bought around 200,000 MT of durum wheat from Canada/US/Mexico at 335-345 $/mt c&f for Nov-Dec shipment

- Egypt's government plans to buy local wheat in the 2017 season at a set price of 450 Egyptian pounds ($30) per ardeb (150 kilos), up from 420 pounds in 2016

- Japan's Ministry of Agriculture has halted its simultaneous buy and sell (SBS) auctions used for feed wheat and barley imports because the auction system is being reviewed to improve transparency

- Weekly US wheat export sales data for week ended Oct 27 totalled 234,900 MT for 2016/17 (well below trade expectations of 400-600 TMT), the lowest so far during the marketing year that started June 1. Export commitments for 2016/17 are running 27% ahead of year-ago

- EU in week ended Nov 1 granted licenses to export 418 TMT of soft wheat, bringing the total this season to 8.153 MMT vs. 7.272 MMT a year ago

- FranceAgriMer estimated winter wheat planting 78% done as of Oct 31, behind of last year's pace of 86%

- Kazakh Ag Min said Kazakhstan exported 2.414 MMT of grain between July 1-October 31, 2016/17 vs. 2.243 MMT a year ago, incl. flour – 940,400 MT in wheat equivalent vs. 849,900 MT in the same period of 2015/16

- Buenos Aires Grain Exchange forecasts Argentine 2016/17 wheat crop at 12.5 MMT, up 21.4% from 2015/16 crop (10.3 MMT). Harvesting of Argentine wheat crop was 4.8% completed as of Nov 3, ahead of last year's pace of 4.6%

- Russian farmers harvested 75.81 MMT of wheat from 98.1% of the planned area as of Nov 3, up from 63.84 MMT a year ago. Yields totalled 2.79 mt/ha up from 2.51 mt/ha a year ago

- Russian farmers have planted 17.04 million hectares (98.2% of the planned area) of winter crops as of Nov 3 vs. 15.76 mln ha a year ago

- Ukrainian farmers have planted 5.746 million hectares of winter wheat (92.7% of plan) as of Nov 3 up from 5.406 mln ha a year ago

- USDA attaché increased its estimate of South Korea's wheat imports in 2015/16 to 4.426 MMT (4.31 MMT – previous estimate and 4.42 MMT – USDA's official projection) and left unchanged forecast for 2016/17 at 5.06 MMT (5.0 MMT – USDA's official projection), incl. 2.56 MMT of milling wheat and 2.5 MMT of feed wheat

CORN

- Nov 3 - USDA announced export sales of 568,000 MT of corn for delivery during 2016/17:

  • 136,000 MT of optional-origin corn for delivery to South Korea;
  • 432,000 MT of US corn for delivery to Mexico

- Nov 3 - Argentina grants export licenses for 25,000 MT of barley

- Weekly US corn export sales data for week ended Oct 27 of 1,473,500 MT for 2016/17 (topped trade expectations of 700-1000 TMT). Export commitments for 2016/17 are running 88% ahead of year-ago

- Informa Economics lowered its US corn yield forecast by 0.5 bpa from last month to 174.0 bpa for a crop of 15.109 billion bushels/383.79 MMT vs. 15.215 billion bushels/386.48 MMT in October

- EU in week ended Nov 1 awarded 180 TMT of corn (maize) import certificates, taking the volume so far this season to 2.689 MMT vs. 3.315 MMT a year ago

- EU in week ended Nov 1 granted licenses to export 46 TMT of corn, bringing the total this season to 861 TMT vs. 551 TMT a year ago

- EU in week ended Nov 1 granted licenses to export 40 TMT of barley, bringing the total this season to 1.325 MMT vs. 4.288 MMT a year ago

- FranceAgriMer said French farmers harvested 79% of corn by Oct 31 (60% a week ago), below the 82% harvest progress a year ago

- FranceAgriMer estimated winter barley planting 89% done as of Oct 31, behind of last year's pace of 96%

- Chinese northeast provinces have acquired 5.3 MMT of new crop corn as of October 31, including: Inner Mongolia (580 TMT), Liaoning (2.03 MMT), Jilin (650 TMT), Heilongjiang (2.04 MMT)

- USDA attaché in South Africa forecasts corn production at 12.8 MMT in 2016/17, 200,000 MT less than USDA's official projection but considerably bigger than 7.973 MMT in 2015/16. South African corn exports in 2016/17 are expected at 1 MMT (1.5 MMT – USDA's official projection and 700,000 MT in 2015/16) and imports – at 25,000 MT (500,000 MT – USDA's official projection and 3 MMT in 2015/16)

- USDA attaché slightly lowered its estimate of South Korea's corn imports in 2015/16 to 10.121 MMT (10.3 MMT – USDA's official projection) and left unchanged forecast for 2016/17 at 9.8 MMT (10.0 MMT – USDA's official projection)

- Ukrainian farmers harvested 16.569 MMT of maize from 65.7% of the planned area as of Nov 3, down from 17.741 MMT a year ago. Yields totalled 5.95 mt/ha up from 5.29 mt/ha a year ago

- Ukrainian farmers have planted 813,300 hectares of winter barley (79.1% of plan) as of Nov 3 vs. 769,800 ha a year ago

- Russian farmers harvested 19.06 MMT of barley from 97% of the planned area as of Nov 3, up from 18.22 MMT a year ago. Yields totalled 2.35 mt/ha up from 2.22 mt/ha a year ago

- Russian farmers harvested 10.08 MMT of maize from 62.1% of the planned area as of Nov 3, down from 10.98 MT a year ago. Yields totalled 5.61 mt/ha up from 5.14 mt/ha a year ago

- Buenos Aires Grain Exchange kept its forecast for Argentine 2016/17 corn acreage at 4.9 mln ha (3.85 mln ha in 2015/16). Exchange estimates 38.7% of the crop has been planted as of Nov 3, ahead last year's pace of 35.9%

- Buenos Aires Grain Exchange expects Argentine 2016/17 sorghum acreage at 800,000 ha, 6% decline from last year (850,000 ha in 2015/16). Exchange estimates 10.6% of the crop has been planted as of Nov 3, ahead last year's pace of 8.3%

- Hungary will destroy 9,000 flu-infected turkeys

SOYBEAN

- Philippines is seeking 100,000 MT of soymeal for Feb-Mar arrival

- Nov 3 - Egypt's GASC bought 45,000 MT of sunflower oil (40 TMT from Glencore at 793 $/mt c&f and 5 TMT from Aston at 796.98 $/mt c&f) for December 15-January 5 arrival, but made no purchase of soybean oil

- Nov 3 - USDA announced export sales of 120,000 MT of US soybeans for delivery to unknown destinations during 2016/17 (60 TMT) and 2017/18 (60 TMT)

- Weekly US soybean export sales data for week ended Oct 27 of 2,574,100 MT, incl. 2,514,100 MT for 2016/17 (well above trade expectations of 1.25-1.6 MMT). Export commitments for 2016/17 are running 30% ahead of year-ago

- Informa Economics raised its US soybean yield estimate by 0.8 bpa from last month to 52.4 bpa for a crop of 4.353 billion bushels/118.47 MMT vs. 4.3 billion bushels/117.03 MMT in October

- Malaysia will implement higher biodiesel mandates for the transportation and industrial sector from Dec 1

- Buenos Aires Grain Exchange left its estimate Argentina's 2016/17 sunseed acreage at 1.7 mln ha (1.22 mln ha in 2015/16). Exchange estimates 58.4% of the crop has been planted as of Nov 3 vs. 49.9% this time last year

- Ukrainian farmers harvested 12.486 MMT of sunseed from 95.2% of the planned area as of Nov 3, up from 10.498 MMT a year ago. Yields totalled 2.22 mt/ha up from 2.13 mt/ha a year ago

- Ukrainian farmers harvested 3.643 MMT of soybean from 89.2% of the planned area as of Nov 3, up from 3.46 MMT a year ago. Yields totalled 2.22 mt/ha up from 1.71 mt/ha a year ago

- Ukrainian farmers have planted 803,200 hectares of winter rapeseed (111% of plan) as of Nov 3 up from 606,800 ha a year ago

- Russian farmers harvested 9.94 MMT of sunseed from 83.7% of the planned area as of Nov 3, up from 9.06 MMT a year ago. Yields totalled 1.58 mt/ha up from 1.48 mt/ha a year ago

- Russian farmers harvested 2.98 MMT of soybean from 87.6% of the planned area as of Nov 3, up from 2.61 MMT a year ago. Yields totalled 1.56 mt/ha up from 1.39 mt/ha a year ago

- Russian farmers harvested 1.07 MMT of rapeseed from 89.4% of the planned area as of Nov 3 vs. 1.08 MMT a year ago. Yields totalled 1.21 mt/ha down from 1.26 mt/ha a year ago