WHEAT

- Sept 7 - Ethiopia seeks around 70,000 MT of optional-origin milling wheat for shipment about 30 days after signing the contract

- Aug 25 - Tunisia's state grains agency seeks 167,000 MT of optional origin soft milling wheat

- Aug 24 - Algeria's OAIC seeks at least 50,000 MT of optional-origin milling wheat for November shipment

- Aug 24 - Japan bought 133,791 MT of food wheat for Sept-Oct shipments:

  • 20,780 MT of western white US wheat;
  • 45,390 MT of hard red winter US wheat;
  • 32,404 MT of dark northern spring US wheat;
  • 35,217 MT of Canadian western red spring wheat

- Aug 23 - Jordan bought 50,000 MT of optional-origin hard milling wheat from Ameropa at 212.5 $/mt c&f for Jan 16-31 shipment

- Aug 24 - Iraq purchased 100,000 MT of hard wheat from the US (50,000 MT) at 297 $/mt c&f free out and Australia (50,000 MT) at 298.77 $/mt c&f free out. The tender had closed on Aug 20 with offers remaining valid until Aug 24

- Aug 24 - China sold 20,929 MT of 2012 wheat from state reserves or 1.7% of the offered amount (1,197,717 MT) at auction at average price of 2,306 RMB/mt (346 $/mt)

- Aug 22 - China sold 3,168 MT of wheat from state reserves or 0.1% of the offered amount (3,047,036 MT) at auction at average price of 2,500 RMB/mt (375 $/mt)

- Aug 22 - China auctioned 600 MT of imported wheat from state reserves, or 0.4% of the offered amount (138,804 MT) at average price of 2,500 RMB/mt (375 $/mt)

- Aug 22 - Argentina registered 66,470 MT of wheat for export

- Egypt's strategic wheat reserves are at 4.857 MMT after a recent tender, enough to cover consumption through the end of February

- Russian Ag Min has raised this year's grain harvest forecast to 110 MMT. Meanwhile Russian Grain Union expects 2017 Russian grain crop in a range of 127-129 MMT, including 78-81 MMT of wheat; Prozerno said grain harvest may exceed 130 MMT, and wheat harvest may exceed 80 MMT

- IKAR raised its Russia’s 2017 wheat crop production outlook to range of 79-82 MMT from the previous 77-80 MMT

- Russia's SovEcon increased its total grain production forecast to 127.6 MMT from 125.2 MMT previously, and wheat crop estimate by 1 MMT to 78.9 MMT

- SovEcon raised its forecast for Russia's 2017/18 grain exports by 0.4 MMT to 44 MMT (incl. 32.4 MMT of wheat)

- Russia's August and September grain exports are widely expected to be close to record levels, with the SovEcon expecting August exports to reach 4.5 MMT; Rusagrotrans – 4.7 MMT

- Ukraine's Ag Min said Ukraine exported 5.043 MMT of grain between July 1-Aug 23, 2017/18 vs. 4.957 MMT for the same period last season, including:

  • wheat – 2.37 MMT (vs. 2.458 MMT a year ago);
  • corn – 1.043 MMT (544 TMT);
  • barley – 1.62 MMT (1.939 MMT)

- Bulgaria's Ag Min said Bulgaria exported 581,353 MT of wheat via port Varna between July 3-Aug 20, 2017/18, up 3.8% from a year-ago (560,070 MT)

- Farmers in Bulgaria harvested 5.74 MMT of wheat from 99.4% of the planned area as of Aug 17, up 7.6% from last-year stage, with yields at 5.25 mt/ha, 10.5% higher than a year-ago

- German association of farmers DBV lowered its forecast of country’s 2017 winter wheat crop to 23.352 MMT from 24.513 MMT in July, a 3.1% decrease from last year

- FranceAgriMer said that 96% of the soft wheat harvest tested was above 11.5% protein against 92% overall last year; 11% of the crop was seen above 13% protein; data also showed 73% of the harvest tested had specific weight levels above 76 kg per hectolitre vs. only 24% last year

- China's July wheat imports down 23% on year to 235,434 MT. China's Jan-July wheat imports rose 37.6% on year to 2.863 MMT

- Bangladesh will import 250,000 MT of white rice at 453 $/mt from Cambodia in a government-to-government deal

CORN

- Sept 11 - Iran's SLAL seeks 200,000 MT of corn from Brazil, Russia or Ukraine in three consignments for shipment on Sept 15-30, Oct 1-15 and Oct 16-31. Prices must be submitted in euros

- Sept 11 - Iran's SLAL seeks 200,000 MT of barley from Russia, Kazakhstan, the EU or Australia in three consignments for shipment on Sept 15-30, Oct 1-15 and Oct 16-31. Prices must be submitted in euros

- Aug 24 - Jordan has made no purchase in an international tender for 100,000 MT of optional-origin feed barley for January shipment and may retender on Sept 7

- Aug 23 - Taiwan's MFIG group bought 130,000 MT of corn, likely from Brazil, in two consignments:

  • 65,000 MT at a premium of 114.60 USc/bushel c&f over the Chicago December 2017 contract (around 185.2 USD/mt, c&f) for Oct 11-30 shipment;
  • 65,000 MT at a premium of 105.68 USc/bushel c&f over the Chicago March 2018 contract (around 186.6 USD/mt, c&f) for Nov 2-21 shipment

- Aug 23 - Tunisia's state grains agency bought 50,000 MT of optional-origin feed barley from Glencore: 25 TMT at 189.87 $/mt c&f for Sept 25-Oct 5 shipment and 25 TMT at 190.87 $/mt c&f for Oct 10-20 shipment

- Aug 23 - South Korea’s Major Feedmill Group (MFG) bought 60,000 MT of optional-origin corn from CJ International at 184.6 $/mt c&f for Dec 5 arrival

- Aug 23 - Japan received no offers for 120,000 MT of feed wheat and 200,000 MT of feed barley in a simultaneous buy and sell (SBS) auction. New SBS tender for the same amounts for each grain will be held on Aug 30

- Aug 24 - China sold a total 176,816 MT of corn from state reserves via auctions:

  • 28,825 MT of 2013 corn, or 5.9% of the offered amount (490,987 MT), at average price of 1,257 RMB/mt (189 $/mt);
  • 147,991 MT of 2014 corn, or 48% of the offered amount (308,087 MT) at average price of 1,438 RMB/mt (216 $/mt)

- Aug 23 - Argentina registered 30,649 MT of corn for export

- Aug 22 - Argentina registered 90,440 MT of corn for export

- According to Pro Farmer Midwest Crop Tour, an average corn yield expected at 165.42 bu. per acre in Nebraska (vs. 158.6 in 2016 and the tour's three-year average of 162.51 bpa); and 171.23 bpa in Indiana (vs. 173.42 and 167.13 bpa). Illinois corn yields are projected to fall about 6.6% from last year's near-record crop to 180.72 bpa (193.5 bpa last year and 3-year tour avg. of 187.37 bpa)

- Celeres forecasts Brazil's 2017/18 corn crop at 95.8 MMT versus 100.7 MMT in 2016/17

- Farmers in Bulgaria harvested 619,812 MT of barley from 99.7% of the planned area as of Aug 17, down 13.7% from last-year stage. Meanwhile yields totals 4.76 mt/ha, 7.7% higher than a year-ago

- German association of farmers DBV expects German farmers to harvest this year 1.5% less winter barley, largely used for animal feed, with a crop of 8.824 MMT (8.959 MMT in 2016) and 4.7% more spring barley, used for beer and malt production, with 1.854 MMT (1.771 MMT in 2016)

- German association of farmers DBV raised its forecast of country’s 2017 grain maize (corn) crop to 4.352 MMT from 3.787 MMT in July, an 8.3% increase from last year (4.018 MMT in 2016)

- China imported 913,583 MT of corn in July, up 3051% year on year and up 138% from last month's 383,093 MT. China's Jan-July corn imports fell 43.8% on year to 1.648 MMT

- China imported 20,818 MT of distillers' dried grains (DDGS) in July, down 47.1% from June and down 94.5% from a year-ago. China's Jan-July DDGS imports fell 81.1% on year to 363,013 MT

- China's July ethanol imports fell to 288 cubic metres and imports for the January to July period slumped more than 99% to 2,792 cubic metres. Meanwhile China's July ethanol exports surged six-fold from a year ago to 19,814 cubic metres, the highest monthly volume since China began ramping up exports at the start of the year. In the first seven months of this year, ethanol shipments jumped to 97,131 cubic metres, five times of the levels from a year ago

- China's July barley imports rose 99.1% on year to 717,188 MT. China's Jan-July barley imports rose 105% on year to 5.237 MMT

- US Ethanol production for the week ended Aug 18 decreased by 7,000 barrels to 1,052,000 barrels per day, up 2.3% from last year's level of 1,028,000 bpd. Stocks fell by 319,000 barrels from the week prior to 21.509 million barrels, up 3.3% vs. 20.817 million barrels a year ago

SOYBEAN

- Oct 2 - Iran's SLAL seeks 200,000 MT of soymeal from Argentina or Brazil in three consignments for shipment Oct 15-31, Nov 30-Dec 15, and Feb 1-15. Prices must be submitted in euros

- Aug 23 - USDA announced cancellations of export sales of 640,970 MT of US soybeans for delivery to China during 2016/17

- Aug 23 - USDA announced export sales of 295,220 MT of US soybeans for delivery to unknown destinations during 2016/17 (11,220 MT) and 2017/18 (284 TMT)

- Aug 23 - South Korea's Nonghyup Feed Inc. (NOFI) was seeking 12,000 MT each of rapeseed meal, canola meal and palm kernel meal but did not make any purchase. The lowest offer was 247.50 $/mt for 12,000 MT of Indian rapeseed meal. The low offer was 126.50 $/mt for the palm kernel meal

- Aug 23 - Argentina registered 34,412 MT of sunflower oil for export

- Aug 23 - Argentina registered for export 32,000 MT of soybean oil

- Aug 22 - Argentina registered for export 35,000 MT of soybean oil

- Celeres forecasts Brazil's 2017/18 soybean crop at 109.1 MMT versus 113.8 MMT in 2016/17

- China imported 10.08 MMT of soybeans during July up 29.9% from year-ago. Brazil accounted for 7.63 MMT, Argentina 1.47 MMT, followed by the US with 499,922 MT. China's Jan-July soybean imports rose 16.8% on year to 54.89 MMT

- China's July rapeseed imports rose by 18.4% on year to 403,870 MT. China's Jan-July rapeseed imports rose 30.1% on year to 3.039 MMT

- Farmers in Bulgaria harvested 458,005 MT of rapeseed from 99.4% of the planned area as of Aug 17, down 7,1% from last-year stage. Yields totals 2.85 mt/ha, 3.1% lower than a year-ago

- German association of farmers DBV lowered its forecast of country’s 2017 rapeseed crop to 4.312 MMT from 4.658 MMT in July, a 5.7% decrease from last year (4.574 MMT in 2016). Oil content was also disappointing, generally reaching only around 40%

- Ukrainian July sunflower oil production was reported at 314 TMT, down 30.4% from prior month but up 46.4% from last year. Jan-July 2017 sunoil production totalled 3.184 MMT, up 36% from the same period last year

- Argentine July soybean crush was reported at 4.3 MMT, up from 3.86 MMT in June and up 8% from last year

- Argentine July sunflower crush was reported at 317,867 MT, up from 251,376 MT in June and up 42.8% from last year

- Stocks of soymeal at Argentine mills climbed to 1.442 MMT at the end of July 2017, up by 18.8% from a year-ago

- Stocks of soybean oil at Argentine mills rose to 345,955 MT at the end of July 2017, up by 14.5% from a year-ago

- Stocks of sunoil at Argentine mills are estimated at 115,451 MT at the end of July 2017, up by 17% from a year-ago

- Stocks of sunflower meal at Argentine mills are estimated at 65,725 MT at the end of July 2017, up by 61.4% from a year-ago

- GAPKI estimated Indonesia's June exports of palm oil and palm kernel oil at 2.13 MMT, down 19% from the previous month (2.62 MMT in May), but up 20% compared to June 2016 (1.78 MMT)

- The US decided to impose steep duties on imports that it said were unfairly subsidized. The countervailing duties on soy-based Argentina biodiesel could be as much as 64.17%. Duties of up to 68.28% will be imposed on palm oil biodiesel imports from Indonesia. This should in effect stop biodiesel imports from these countries and turn on domestic production and demand for soybean oil in response

- Brazil's Camex approved a 20-% tax on ethanol imports, which would be levied only after a tax-free quota of 600 million liters per year is surpassed