WHEAT

- Dec 15 - Japan bought 122,847 MT of food wheat for Jan 16-Feb 15 shipment:

  • 15,462 MT of western white US wheat;
  • 19,200 MT of hard red winter US wheat;
  • 34,390 MT of dark northern spring US wheat;
  • 53,795 MT of Canadian western red spring wheat

- Dec 14 - Tunisia bought 75,000 MT of soft milling wheat, 11.5% protein for Mar shipment, and 75,000 MT of durum wheat for Jan-Feb shipment:

  • 25,000 MT of soft milling wheat from Olam at 192.89 $/mt c&f;
  • 25,000 MT of soft milling wheat from Olam at 193.45 $/mt c&f;
  • 25,000 MT of soft milling wheat from Posco Daewoo at 196.20 $/mt c&f;
  • 25,000 MT of durum wheat from Euroagricola at 274.68 $/mt c&f;
  • 25,000 MT of durum wheat from Europmarkets at 275.33 $/mt c&f;
  • 25,000 MT of durum wheat from Casillo at 275.69 $/mt c&f

- India last week purchased around 200,000 MT of wheat, incl. 150,000 MT from Ukraine and 50,000 MT from Russia

- Dec 14 - Argentina grants export licenses for 247,115 MT of milling wheat and 5,314 MT of wheat flour

- Bulgaria's Ag Min said Bulgaria exported 1.247 MMT of wheat via port Varna between July 4-Dec 11, 2016/17, up 38.6% from a year-ago (899,640 MT)

- Strategie Grains expects EU soft wheat production would recover to 145 MMT in 2017, 7% higher than previous year's crop (135.9 MMT in 2016), due to increased yields

- UK's Ag Min trimmed its estimate of 2016 wheat harvest for the UK to 14.383 MMT from previous estimate of 14.467 MMT, a decrease of 12.5% on year (16.444 MMT in 2015)

- Kazakhstan's grain stocks as of December 1, 2016 accounted 16.637 MMT, including 13.374 MMT of wheat thereof 11.146 MMT of milling wheat compared to 15.871 MMT (incl. 13.188 MMT of wheat thereof 11.009 MMT of milling) a year ago

CORN

- Dec 14 - Tunisia bought 75,000 MT of feed barley for Feb-Mar shipment:

  • 25,000 MT of feed barley from Bunge at 178.25 $/mt c&f;
  • 25,000 MT of feed barley from Glencore at 178.69 $/mt c&f;
  • 25,000 MT of feed barley from Glencore at 178.97 $/mt c&f

- Dec 14 - Argentina grants export licenses for 270,532 MT of corn

- Dec 14 - Argentina grants export licenses for 67,500 MT of barley

- Bulgarian farmers harvested 2.225 MMT of maize from 100% of the planned area as of Dec 8, up 4.9% from a year-ago

- Bulgaria's Ag Min said Bulgaria exported 169,528 MT of corn via port Varna between Sept 1-Dec 11, 2016/17, down 39.3% from a year-ago (279,255 MT)

- Bulgaria's Ag Min said Bulgaria exported only 6,035 MT of barley via port Varna between July 4-Dec 11, 2016/17, down 93.4% from a year-ago (91,846 MT)

- Strategie Grains expects EU corn production would increase to 60.9 MMT in 2017, 2% higher than previous year's crop (59.6 MMT in 2016), due to increased yields

- Strategie Grains expects EU barley production would recover to 60.9 MMT in 2017, 2% higher than previous year's crop (59.8 MMT in 2016), due to increased yields

- UK's Ag Min raised its estimate of 2016 barley harvest for the UK to 6.789 MMT from previous estimate of 6.652 MMT, but down 7.9% on year (7.37 MMT in 2015)

- South Korea has culled over 12% of its total poultry population, since the first bird flu case was reported about a month ago, to contain the spread of the virus

SOYBEAN

- Dec 27 - South Korea's Agro-Fisheries & Food Trade Corp seeks a total 90,000 MT of non-GM soybeans for arrival in Jan 20-Jun 20, 2018. Registration for the tenders will close on Dec 26, and the electronic bidding will be held on Dec 27

- Argentine rain outlook boosted crop prospects from the key exporter, denting prospects for US exporters, already under pressure from high Brazilian supplies

- Dec 14 - Argentina grants export licenses for 10,500 MT of soybean oil and 6,920 MT of soymeal

- Abiove raised its forecasts of Brazil's 2017 soybean crop from 101.4 to 101.7 MMT and exports from 57.5 to 58 MMT

- Iraq cancelled an international tender to buy at least 10,000 MT of sunflower oil with no purchase made. The tender had closed on Nov 20, with offers remaining valid until Nov 24

- Bulgarian farmers harvested 1.701 MMT of sunflower from 100% of the planned area as of Dec 8, up 7% from a year-ago

- Bulgaria's Ag Min said Bulgaria exported 53,901 MT of sunflower via port Varna between Sept 1-Dec 11, 2016/17, down 49.3% from a year-ago (106,276 MT)

- Bulgaria's Ag Min said Bulgaria exported 216,457 MT of rapeseed via port Varna between July 4-Dec 11, 2016/17, up 208.3% from a year-ago (70,207 MT)

- UK's Ag Min little changed its estimate of 2016 rapeseed harvest for the UK to 1.775 MMT from previous estimate of 1.771 MMT, a decrease of 30.2% on year (2.542 MMT in 2015)

- Surveyor Intertek Testing Services estimated Malaysia's December 1-15 palm oil exports at 481,349 MT down 7.6% from a month ago

- Surveyor SGS estimated Malaysia's December 1-15 palm oil exports at 464,582 MT down 9.6% from a month ago

- India imported 1.175 MMT of veg oils (edible & non-edible) in November vs. 1.173 MMT in October and down 12% from 1.337 MMT a year ago

- India imported 1.156 MMT of edible veg oils in Nov 2016 vs. 1.333 MMT in Nov 2015

- India imported 557,364 MT of crude palm oil in November vs. 514,349 MT in Oct and vs. 627,404 MT a year ago

- India imported 240,948 MT of RBD palmolein in November vs. 221,810 MT in Oct and vs. 231,672 MT a year ago

- India imported 164,286 MT of soybean oil in November vs. 277,878 MT in Oct and vs. 256,836 MT a year ago

- India imported 158,071 MT of sunflower oil in November vs. 96,920 MT in Oct and vs. 177,658 MT a year ago

- India imported 32,195 MT of rapeseed oil in November vs. 43,898 MT in Oct and 24,850 MT a year ago

- India's stock of edible oils as of December 1, 2016 at various ports is estimated at 655,000 MT (CPO 220,000 MT, RBD palmolein 150,000 MT, degummed soybean oil 180,000 MT, crude sunflower oil 90,000 MT and 15,000 MT of rapeseed (canola) oil) and about 1,170,000 MT in pipelines. Total stock at ports and in pipelines decreased to 1.825 MMT from 1.935 MMT a month ago and well below last year's 2.43 MMT. India's monthly requirement is about 1.65 MMT