WHEAT

- Nov 15 - Algeria seeks at least 50,000 MT of optional-origin milling wheat for January shipment

- Nov 15 - Jordan seeks 50,000 MT of optional origin hard milling wheat

- Nov 11 - Tunisia bought 100,000 MT of soft milling wheat in four 25,000-MT consignments at 192.74 $/mt c&f from Bunge for Dec 25-Jan 25 shipment

- Nov 11 - Egypt's GASC bought 60,000 MT of Russian wheat from Aston at 202.14 $/mt c&f (192.5 $/mt fob+9.64 $/mt freight) for December 15-25 shipment

- Russia's Ag Min said Russia exported about 14.017 MMT of grain between July 1-Nov 9, 2016/17, down by 4.7% from 14.706 MMT a year ago, including:

  • wheat – 11.239 MMT (11.234 MMT a year ago);
  • barley – 1.462 MMT (2.384 MMT);
  • corn – 1.245 MMT (965 TMT);
  • others – 70 TMT (123 TMT)

- Russia has 3,553,600 MT of grain in its federal intervention fund as of November 11 vs. 1,854,700 MT a year ago

- Egypt's General Organization for Export and Import Control (GOEIC) will replace the quarantine as the body responsible for inspecting strategic agricultural imports (incl. wheat), according to a new government decree

CORN

- Nov 11 - Tunisia bought 75,000 MT of barley from Glencore in three 25,000-MT consignments at 169.37 $/mt c&f for Dec, $171.37 for Jan and $172.37 for Jan 25-Feb 5 shipment

- Nov 11 - Argentina grants export licenses for 30,600 MT of corn

- Nov 10 - South Korea's (KFA) bought 63,000 MT of optional origin corn at 188 $/mt c&f for March 25 arrival

- Chinese northeast provinces have acquired 9.8 MMT of new crop corn as of November 10, including: Inner Mongolia (1.12 MMT), Liaoning (3.05 MMT), Jilin (1.39 MMT), Heilongjiang (4.24 MMT)

- Germany, Switzerland and Austria reported new outbreaks of a severe strain of bird flu on Saturday. The H5N8 virus has also been found in Hungary, Poland, the Netherlands, Denmark and Croatia

SOYBEAN

- Nov 14 - South Korea's NOFI has purchased about 16,000 MT of optional-origin canola meal at 261.53 $/mt c&f+2.0 $/mt surcharge for additional port unloading for arrival around Feb 1, 2017

- Weaker Brazil currency has spur 2016/17 soybean sales in late of last week. An estimated 1.5 MMT of new crop soybeans had been sold in two days. But Brazilian farmers continue to be cautious about forward sales