WHEAT

- Sept 13 - Israeli group seeks 50,000 MT of optional-origin feed wheat for Nov 20-Feb 10 shipment

- Sept 14 - Japan seeks 139,382 MT of food wheat for Oct-Nov shipments:

  • 17,560 MT of western white US wheat;
  • 14,125 MT of hard red winter US wheat;
  • 23,960 MT of dark northern spring US wheat;
  • 50,142 MT of Canadian western red spring wheat;
  • 33,595 MT of Australian standard white wheat

- Sept 11 - Argentina registered 17,145 MT of wheat for export

- Bulgaria has shipped abroad close to 2 MMT from its bumper 2017 wheat crop so far but exports are slowing as farmers hope for better prices

- Egypt is considering rejecting 59,000 MT of French wheat purchased by GASC due to the presence of poppy seeds. Egypt's agriculture quarantine service has rejected a 63,000 MT Romanian wheat shipment due to the same issue three weeks ago

- There are keeping concerns that high-protein wheat supplies are tight globally despite a glut of grains

- With Canada's spring wheat harvest nearing half complete, many expect Stats Canada to raise its 25.5 MMT total wheat crop peg

- ABARES cut its forecast of 2017/18 Australian wheat crop to an 8-year low of 21.614 MMT from previous estimate of 24.19 MMT in June, down 38.3% from the record 35.009 MMT in 2016/17

- US wheat export inspections for week, ending Sept 7, recorded 446,957 MT, near the upper end of market expectations. Inspections for 2017/18 are running 2.4% ahead of year-ago

- USDA estimated 95% of the US spring wheat harvest was complete by Sept 10, matching analysts’ expectations, ahead of 5-year mean (87%) and last year pace (94%)

- USDA said the US winter wheat crop 5% planted as of Sept 10, matching analysts’ expectations and in line with last-year score, but down from 6% on average

- France's farm ministry raised its estimate of the country's 2017 soft wheat crop to 37.788 MMT from 36.783 MMT forecasted in August with yields upped to 7.34 from 7.15 mt/ha earlier, up 37.1% from last year (27.56 MMT and 5.37 mt/ha in 2016) and 5.9% above the five-year average

- Kazakhstan forecasts 2017/18 grain exports to fall to 8 MMT from 8.252 MMT in 2016/17. The country may harvest 19.5 MMT of grain in bunker weight this year, down from 21.5 MMT in 2016

- Kazakh farmers harvested 14.681 MMT of all grains as of September 12, up from 13.512 MMT a year ago. Yields totalled 1.26 mt/ha down from 1.47 mt/ha a year ago

CORN

- Sept 13 - Israeli group seeks 90,000 MT of optional-origin corn for Nov 20-Feb 10 shipment

- Sept 13 - Israeli group seeks 20,000 MT of optional-origin feed barley for Oct 20- Nov 20 shipment

- Sept 13 - Algeria seeks at least 35,000 MT of optional-origin feed barley for Nov 1-15 shipment

- Sept 11 - Turkey's TMO bought 60,000 MT of barley (5x12 TMT) for Sept 15-25 shipment:

  • 12,000 MT from Ulusoy at 674.87 Turkish lira/mt (198.3 $/mt) c&f Trabzon;
  • 12,000 MT from Louis Dreyfus at 686 TRY/mt (201.6 $/mt) c&f Bandirma;
  • 12,000 MT from Glencore at 704 TRY/mt (206.9 $/mt) c&f Izmir;
  • 24,000 MT from Cofco at 710 TRY/mt (208.7 $/mt) c&f Iskenderun

- Sept 11 - Argentina registered 31,500 MT of sorghum for export

- Ukrainian state grain company GPZKU has agreed to supply around 300,000 MT of maize and wheat to China's CCEC by the end of 2017

- US corn export inspections for week, ending Sept 7, reported 662,173 MT, below market expectations (700-900 TMT). Inspections for 2017/18 are running 59.5% behind of year-ago

- USDA rated 61% of the US corn crop in good-to-excellent condition as of Sept 10, unchanged from the previous week, matching analysts’ expectations, but down compared to 74% a year-ago. USDA estimated 5% of the US corn crop was harvested, ahead of analysts' forecasts of 4% and in line with last year’s pace, but slightly below 5-year mean of 6%

- China’s Ag Min raised its 2017/18 corn import forecast to 1.5 MMT compared to the previous forecast of 1.0 MMT, but down vs. 2 MMT in 2016/17. China's Ag Min raised its 2017/18 corn output estimate to 212.48 MMT from 210.7 MMT in August, down 3.2% from last year crop (219.57 MMT in 2016/17)

- ABARES lowered its forecast of 2017/18 Australian barley crop to 8.009 MMT from 8.11 MMT in June, down 40.3% from the record 13.414 MMT in 2016/17

- ABARES forecasts 2017/18 Australian sorghum crop at 1.84 MMT, up 80.9% from the 1.017 MMT in 2016/17

- France's farm ministry forecasts the country's 2017 grain maize crop at 12.749 MMT (12.759 MMT in Aug) with yields 9.25 mt/ha, up 8.9% from last year (11.707 MMT and 8.41 mt/ha in 2016), but 12.8% below the five-year average

- France's farm ministry trimmed the country's 2017 barley production estimate to 12.255 MMT from 12.267 MMT in August, up 17.4% from last year (10.435 MMT in 2016) and 7.7% above the five-year average. French winter barley crop is estimated at 9.604 MMT (9.622 MMT forecasted in Aug and 8.389 MMT in 2016), while spring crop totals 2.65 MMT (2.644 MMT forecasted in Aug and 2.046 MMT in 2016)

SOYBEAN

- Sept 12 - Egypt's GASC seeks 10,000 MT optional-origin sunoil for Oct 25-Nov 10 and 30,000 MT soyoil for Nov 5-20 delivery

- Sept 11 - USDA announced export sales of 352,000 MT of US soybeans for delivery to unknown destinations during 2017/18

- Sept 11 - Argentina registered for export 9,000 MT of soybeans, 100,007 MT of soymeal and 45,056 MT of soybean oil

- US soybean export inspections for week, ending Sept 7, reported 1,106,268 MT, surpassed market expectations. Inspections for the 2017/18 marketing year are running 4% behind of year-ago

- USDA rated 60% of the US soybean crop as good-to-excellent as of Sept 10, down 1% point from the previous week, matching analysts’ expectations, but down compared to 73% a year-ago

- China's Ag Min raised its 2017/18 soybean import forecast to 94.5 MMT compared to the previous forecast of 93.16 MMT and vs. 92.87 MMT in 2016/17. It also lowered its 2017/18 soybean output estimate to 14.68 MMT from 14.73 MMT in August, up 13.4% from last year crop (12.94 MMT in 2016/17)

- Ruchi Soya Industries expects that India to harvest 9 MMT of soybeans during the 2017/18 crop year starting from Oct 1, down from 11.5 MMT in the current year

- MPOB estimated Malaysian crude palm oil production in August at 1.811 MMT, slightly above average expectation of 1.8 MMT but down 0.9% from 1.827 MMT in July with end-stocks at the highest level since February 2016 of 1.942 MMT, up 8.8% on month and above the average market expectation of 1.9 MMT. Malaysian August palm oil exports rose by 6.4% to 1.488 MMT, ahead of the average expectation of 1.42 MMT

- Surveyor Intertek Testing Services estimated Malaysia's September 1-10 palm oil exports at 379,652 MT up 6.9% from a month ago

- Surveyor SGS estimated Malaysia's September 1-10 palm oil exports at 396,672 MT up 9.3% from a month ago

- ABARES lowered its forecast of 2017/18 Australian canola crop to 2.753 MMT from 3.32 MMT in June, down 33.4% from the 4.135 MMT in 2016/17

- France's farm ministry raised its estimate for 2017 French rapeseed output to 5.478 MMT from 5.224 MMT in August, up 15.6% from last year (4.738 MMT in 2016) and 7.7% above the five-year average

- France's farm ministry forecasts the country's 2017 sunflower seed crop at 1.249 MMT (1.251 MMT in Aug) with yields 2.27 mt/ha, up 5.6% from last year (1.183 MMT and 2.18 mt/ha in 2016) but 12.1% below the five-year average

- France's farm ministry upped its forecast for 2017 French soybean crop to 403 TMT from 399 TMT in Aug with yields 2.84 mt/ha, up 18.1% from last year (342 TMT and 2.48 mt/ha in 2016) and 80.1% above the five-year average