WHEAT

- Nov 10 - Japan seeks 128,636 MT of food wheat for Dec-Mar shipment:

  • 17,478 MT of western white US wheat;
  • 6,783 MT of hard red winter US wheat;
  • 33,770 MT of dark northern spring US wheat;
  • 34,060 MT of Canadian western red spring wheat;
  • 36,545 MT of Australian standard white wheat

- Nov 8 - Egypt's GASC seeks an unspecified amount of wheat from global suppliers for Dec 10-20 shipment

- US wheat export inspections for week, ending Nov 3, recorded 494,154 MT, near the top end of expectations (300-500 TMT). Inspections for 2016/17 are running 30% ahead of year-ago

- USDA estimated 91% of the US winter wheat crop was planted as of Nov 6, behind of analyst expectations for 92% planted (range 91-96%), matching last year's pace (91%) but below 5-year mean of 92%. USDA rated 58% of the US wheat crop in good-to-excellent condition as of Nov 6, as expected, unchanged from prior week, but ahead compared to 51% a year-ago

- Nov 8 - Russia bought 31,185 MT of intervention grain (28,485 MT of wheat and 2,700 MT of barley) via tender on the NTB (National Trade Exchange, Moscow Exchange). Making the total bought since Sep 19 at 654,210 MT of 2016/17 grain (610,605 MT of wheat and 43,605 MT of barley)

- Russia's Ag Min raised its forecast for 2016 grain harvest to 117 MMT from 116 MMT previously; expects this season's grain exports at 35 MMT, incl. 28 MMT of wheat

- Russian exports of wheat increased to 17.8 MMT in the first nine months of 2016 from 13.3 MMT a year ago

- Nov 8 - China sold 189,736 MT of wheat from state reserves or 7.2% of the of the offered amount (2,643,713 MT) at auction at average price of 2,500 RMB/mt (369 $/mt)

- Zimbabwe's Strategic Grain Reserve has accumulated more than 65,000 MT of wheat, enough to last for next two-three months

CORN

- Nov 7 - USDA announced export sales of 172,000 MT of US corn for delivery to unknown destinations during 2016/17

- Nov 7 - Argentina grants export licenses for 15,318 MT of corn and 8,200 MT of barley

- US corn export inspections for week, ending Nov 3, reported 889,609 MT, just below market forecasts (900-1100 TMT). Inspections for 2016/17 are running 82.7% ahead year-ago

- USDA estimated 86% of the US corn crop was harvested as of Nov 6, ahead analysts' forecasts of 84% (80-86% – range) and 5-year mean (85%), but behind last year's pace of 91%

- Chinese northeast provinces have acquired 7.3 MMT of new crop corn as of November 5, including: Inner Mongolia (780 TMT), Liaoning (2.54 MMT), Jilin (910 TMT), Heilongjiang (3.07 MMT)

- Zimbabwe says has 321,000 MT of maize in strategic reserves, enough to last for next two-three months

SOYBEAN

- Nov 7 - USDA announced export sales of 132,000 MT of US soybeans for delivery to China during 2016/17

- Nov 7 - USDA announced export sales of 135,000 MT of US soymeal for delivery to Philippines during 2016/17

- Nov 7 - Argentina grants export licenses for 62,085 MT of soymeal

- US soybean export inspections for week, ending Nov 3, reported 2,623,821 MT, in line with the trade forecasts that ranged from 2.5 to 2.8 MMT. Inspections for the 2016/17 marketing year are running 15.4% ahead of year-ago

- USDA estimated 93% of the US soybean crop was harvested as of Nov 6, in line with analysts' forecasts of 93% (91-94% – range), ahead of five-year average progress (91%), but behind last year's pace of 94%

- China imported 5.21 MMT of soybeans in October, down 5.8% year-on-year and slightly below market forecasts of about 5.4 MMT. Imports for the first 10 months of 2016 stood at 66.4 MMT versus 65.2 MMT a year ago

- China's imports of all vegetable oils in October was 310,000 MT compared to 520,000 MT in September. For the first ten months of the year China imported 4.26 MMT of vegoils

- USDA attaché in Argentina forecasts soybean production at 55 MMT in 2016/17, less than USDA's official projection of 57 MMT and down from 56.8 MMT in 2015/16. Argentine 2016/17 soybean crush is expected at 43.5 MMT, about 1.8% below the USDA's official projection (44.3 MMT), but above than 40.85 MMT in 2015/16

- USDA attaché projects Argentina's 2016/17 sunseed crush at 3.15 MMT, more than USDA's official estimate of 3 MMT and up 15% from 2015/16; sunflower seed crop is expected at 3.3 MMT in 2016/17 vs. 2.6 MMT last year