WHEAT

- Feb 21 - Jordan seeks 100,000 MT of optional origin hard milling wheat

- Feb 16 - Morocco's ONICL tenders to buy 263,636 MT of EU soft wheat under preferential tariff quota for arrival by Apr 30

- Feb 9 - Japan seeks 111,522 MT of food wheat for Mar-May shipments:

  • 12,210 MT of western white US wheat;
  • 18,850 MT of hard red winter US wheat;
  • 34,000 MT of dark northern spring US wheat;
  • 24,347 MT of Canadian western red spring wheat;
  • 22,115 MT of Australian standard white wheat

- Feb 8 - Tunisia's state grains agency seeks 100,000 MT of optional origin durum wheat in four consignments of 25,000 MT for March 5-May 15 shipment

- Feb 7 - The lowest offer in Ethiopian tender for 400,000 MT of optional origin wheat came at 219.68 $/mt c&f for the May shipment consignment. The wheat is sought in three shipment consignments of 133,333 MT each. Offers for the March consignment were in a range of 223.68-249 $/mt c&f; for the April consignment – about 224-246 $/mt c&f and for the May consignment – 219.68-241 $/mt c&f

- Feb 6 - Argentina grants export licenses for 31,421 MT of milling wheat

- US wheat export inspections for week, ending Feb 2, recorded 618,235 MT, topped the market expectations (200-400 TMT). Inspections for 2016/17 are running 26.6% ahead of year-ago

- Brazil exported 338 TMT of wheat in December and January and is expected to ship another 244 TMT of the grain this month, according to the shipping agency Wilson Sons. Normally, Brazil imports half of its demand. But this year, a record-large crop and government subsidies have made its wheat competitive

- Ukraine exported 1.21 MMT of wheat in January 2017. Ukraine's July-Jan 2016/17 wheat exports rose 15.7% on year to 12.72 MMT

- FranceAgriMer trimmed its estimate of French 2016/17 soft wheat production to 27.85 MMT from 27.992 MMT in January, down 31.9% from a record 2015/16 crop. Wheat stocks are forecasted at 2.75 MMT (2.635 MMT – previously) at the end of 2016/17, down from 3.337 MMT last year. Projected exports outside the EU were upped to 4.9 MMT from January estimate of 4.8 MMT, but down 61.2% from 12.623 MMT in 2015/16, while forecast shipments within the EU were lowered to 6.0 MMT from 6.135 MMT last month, down 23.1% from 7.803 MMT in 2015/16

- France shipped about 731 TMT of soft wheat abroad in December, sixth month of the 2016/17 marketing season, more than the 656 TMT exported in November. France exported 361 TMT of soft wheat outside the EU in December (incl. 135 TMT to Algeria and 47 TMT to Tunisia), with Jul-Dec 2016/17 France's soft wheat shipments outside the EU at 2.424 MMT, down 47% on the year-earlier period. Total French soft wheat exports, including shipments within the EU, so far this season were down 40% at 4.801 MMT (7.936 MMT in Jul-Dec 2015/16)

- France imported 90 TMT of wheat in December, down from 95 TMT in November, including 34 TMT from Germany and 29 TMT from Hungary. French Jul-Dec 2016/17 wheat imports totalled 636 TMT, up 121% on the year-earlier period

- USDA attaché projects Argentina's 2016/17 wheat production at 15 MMT (11.3 MMT in 2015/16), and exports at 8.6 MMT (9.544 MMT in 2015/16), both similar to USDA's official estimates. The quality of the production is good, far better than the past two crop seasons

- USDA attaché raised its estimate of Bangladesh's wheat imports in 2016/17 to 5 MMT on increased consumer demand and lower world prices. This is up 11.6% from 2015/16 but by 300,000 MT less USDA's official estimate. For the July-November, 2016/17 total wheat imports were 32% higher year on year

CORN

- Feb 22 - Jordan seeks 50,000 MT of optional origin feed barley

- Feb 7 - USDA announced export sales of 128,000 MT of US corn for delivery to Japan during 2016/17

- US corn export inspections for week, ending Feb 2, reported 1,113,212 MT, topped the market forecasts (750-1000 TMT). Inspections for 2016/17 are running 77.2% ahead of year-ago

- Ukraine exported 2.31 MMT of corn in January 2017. Ukraine's Sept-Jan 2016/17 corn exports rose 16.9% on year to 8.65 MMT

- Ukraine exported 162 TMT of barley in January 2017. Ukraine's July-Jan 2016/17 barley exports rose 13.4% on year to 4.47 MMT

- FranceAgriMer raised its estimate of France's 2016/17 corn crop to 11.525 MMT from 11.452 MMT in January (13.059 MMT last year) with the carryout projected at 2.037 MMT against 2.286 MMT in January and 2.484 MMT in 2015/16. France's 2016/17 corn export is forecasted at 5.035 MMT (5.13 MMT – previous forecast) vs. 6.337 MMT a year ago

- FranceAgriMer lifted France's 2016/17 barley crop to 10.139 MMT from 10.113 MMT in January (13.028 MMT last year) with the carryout lowered to 1.916 MMT from 1.986 MMT in Jan and against 1.281 MMT in 2015/16. France's 2016/17 barley exports (without malt) is expected at 4.585 MMT (4.485 MMT in January) down 40.3% from 7.684 MMT a year ago

- France exported 264 TMT of barley outside the EU in December (incl. 53 TMT to Tunisia, 51 TMT to Jordan, 51 TMT to Morocco and 50 TMT to Saudi Arabia), sharply up from November. A further 194 TMT were exported within the EU in December, bringing total French barley exports in the first six months of the season to 2.163 MMT (incl. 920 TMT to non-EU), down 45% on the year-earlier period (3.966 MMT, incl. 2.663 MMT to non-EU in Jul-Dec 2015/16)

- French maize exports in Jul-Dec, which are mostly within the EU, declined by 18% to 2.376 MT (2.911 MMT in Jul-Dec 2015)

- USDA attaché kept its estimate for South Africa's total corn crop for the 2016/17 unchanged at 12.8 MMT, 200,000 MT less than USDA's official projection but almost 60% higher than 7.973 MMT in 2015/16. As a result, South Africa should return to being a net exporter of corn in the 2016/17. 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 projects Argentina's 2016/17 corn production at 36.5 MMT (30 MMT in 2015/16), and exports at 25 MMT (21.7 MMT in 2015/16), both similar to USDA's official estimates.

- USDA attaché projects Argentina's 2016/17 barley production at 3.15 MMT (4.8 MMT in 2015/16), the same as USDA. Exports for 2016/17 are forecast at 1.2 MMT (3.077 MMT in 2015/16), 600,000 MT lower than USDA's official projection. Traders indicate that roughly 600,000 MT of feed barley will be exported primarily to Saudi Arabia (and smaller volumes to India and Vietnam), and 600-700,000 MT of malting barley could be exported during the current marketing season to South American countries

- USDA attaché in Argentina forecasts sorghum production at 3.4 MMT in 2016/17 (3.375 MMT in 2015/16), 200,000 MT lower than USDA's official projection. Exports for 2015/16 and 2016/17 are forecast at 600,000 MT each, lower than estimated by USDA (900,000 MT in 2016/17 and 650,000 MT in 2015/16)

SOYBEAN

- Feb 3 - South Korea's Major Feedmill Group (MFG) bought 55,000 MT of South American soymeal at 386.49 $/mt c&f plus 1.50 $/mt surcharge for additional port unloading for Mar 13-21 shipment and arrival around May 10

- US soybean export inspections for week, ending Feb 2, reported 1,635,714 MT, well above the top end of market expectations that ranged from 0.9 to 1.2 MMT. Inspections for the 2016/17 marketing year are running 18% ahead of year-ago

- Ukraine exported 292 TMT of soybeans in January 2017. Ukraine's Sept-Jan 2016/17 soybean exports rose 40.7% on year to 1.56 MMT

- Ukraine exported 51 TMT of rapeseed in January 2017. Ukraine's July-Jan 2016/17 rapeseed exports fell 28% on year to 964 TMT

- Ukraine exported 465 TMT of sunflower oil in January 2017. Ukraine's Sept-Jan 2016/17 sunoil exports rose 25.6% on year to 2.27 MMT