WHEAT

- Feb 22 - Tunisia's state grains agency seeks 109,000 MT of optional-origin soft milling wheat for March 15-April 25 shipment

- Libya has delayed the offer deadline in an international tender to purchase 100,000 MT of milling wheat and 50,000 MT of durum wheat for Apr-May shipment to Feb 22. Offers in the tender must remain valid until March 31

- Feb 21 - Jordan bought 100,000 MT of optional origin milling wheat from Ameropa at 202 $/mt c&f for Jul 2-Aug 1 shipment

- Indonesia seeks wheat for May shipment

- Feb 21 - USDA announced export sales of 138,650 MT of US wheat for delivery to unknown destinations during 2016/17 (92,650 MT) and 2017/18 (46,000 MT)

- Philippine mills recently bought about 54,000 MT of Australian standard wheat (ASW) at about 205-210 $/mt, c&f for June and July shipment

- Feb 20 - Argentina grants export licenses for 187,320 MT of milling wheat

- India's wheat imports from Russia, France and Ukraine could come to a halt after March 31, as New Delhi has asked exporters to fumigate their cargoes with methyl bromide, an insect control gas banned in Europe and the Black Sea region

- Feb 21 - China sold 294,909 MT of wheat from state reserves or 11.4% of the of the offered amount (2,593,005 MT) at auction at average price of 2,492 RMB/mt (362 $/mt)

- US wheat export inspections for week, ending Feb 16, recorded 558,252 MT, just above the top end of market expectations (350-550 TMT). Inspections for 2016/17 are running 27.4% ahead of year-ago

- SovEcon cut its forecast for Russia's 2016/17 grain exports to 36.5 MMT from 38 MMT due to slow pace of exports so far this season. Its forecast for wheat exports was reduced by 1.3 MMT to 26.6 MMT

- Ukrainian grain stocks were at 22.078 MMT as of February 1, up 18.8% from a year earlier, incl. 6.986 MMT of wheat (7.979 MMT a year ago), 1.72 MMT of barley (1.236 MMT a year ago) and 12.237 MMT of corn (8.512 MMT a year ago). The data does not include grain stored at small farms

CORN

- Libya has delayed the offer deadline in an international tender to purchase 75,000 MT of yellow corn for Apr-May shipment to Feb 22

- Libya has delayed the offer deadline in an international tender to purchase up to 75,000 MT of feed barley for Apr-May shipment to Feb 22

- Feb 22 - Tunisia's state grains agency seeks 25,000 MT of optional-origin feed barley for March 25-April 15 shipment

- Feb 22 - South Korea's KOCOPIA seeks 110,000 MT of optional-origin yellow corn in two equal consignments for May 10 and May 25 arrival

- Feb 21 - USDA announced export sales of 111,200 MT of US corn for delivery to unknown destinations during 2016/17

- Feb 21 - South Korea’s KFA (Korean Feed Association) bought 62,000 MT of optional origin corn from Cofco at 194.1 $/mt c&f plus 1.0 $/mt surcharge for additional port unloading for May 20 arrival

- Feb 20 - Argentina grants export licenses for 567,224 MT of corn

- Feb 20 - Argentina grants export licenses for 27,600 MT of barley

- Kenya's government will allow millers to import 5 million bags of yellow maize for the production of animal feeds for the next three to four months

- US corn export inspections for week, ending Feb 16, reported 1,152,233 MT, within the market forecasts (1100-1300 TMT). Inspections for 2016/17 are running 74.1% ahead of year-ago

- Dr. Michael Cordonnier left his forecast of South America’s 2016/17 corn crop unchanged this week at 126.3 MMT compared to 97.2 MMT in 2015/16

SOYBEAN

- Libya has delayed the offer deadline in an international tender to purchase 25,000 MT of soymeal for Apr-May shipment to Feb 22

- Feb 21 - Egypt's GASC bought 60,000 MT of sunflower oil and 30,000 MT of soybean oil for April arrival:

  • 30,000 MT of soybean oil from Nidera at 801 $/mt c&f;
  • 30,000 MT of sunflower oil from Olam at 775 $/mt c&f;
  • 30,000 MT of sunflower oil from Olam at 776.5 $/mt c&f;

- Safras & Mercado said Brazil's soybean harvest reached 24.8% of planted area by Feb 17, above the five-year average of 17.1% for this time of the year

- Dr. Michael Cordonnier maintains his forecast of South America’s 2016/17 soybean crop at 174.2 MMT (165.5 MMT in 2015/16)

- US soybean export inspections for week, ending Feb 16, reported 1,076,390 MT, just below the low end of market expectations that ranged from 1.1 to 1.3 MMT. Inspections for the 2016/17 marketing year are running 13.6% ahead of year-ago

- Ukrainian sunflower stocks were at 5.439 MMT as of February 1, up 47.4% from a year earlier (3.691 MMT). The data does not include grain stored at small farms