WHEAT

- Nov 6 - Argentina registered 152,408 MT of wheat for export

- A flour mill in Indonesia recently bought about 30,000 MT of Australian Premium White wheat at around 247-250 $/mt c&f for shipment in January-February

- Iraq's trade ministry confirmed on Monday it had purchased 500,000 MT of US hard red winter wheat in a direct purchase deal

- US wheat export inspections for week, ending Nov 2, recorded 284,293 MT, near the low end of trade expectations (250-450 TMT). Inspections for 2017/18 are running 6% behind of year-ago

- USDA said the US winter wheat crop 91% planted as of Nov 5, matching analysts’ expectations and 5-year average, and ahead of last-year's 90%. USDA rated 55% of the US wheat crop in good to excellent condition, up 3% points from prior week and ahead of market forecasts of 53%, but below last-year's 58%

- Ukraine exported 2.26 MMT of wheat in October 2017, up 10% on year. Ukraine's July-Oct 2017/18 wheat exports fell 6% on year to 8.19 MMT

- Bangladesh's wheat imports during July-October period climbed nearly 30% on year to more than 2.1 MMT. Bangladesh imported 5.8 MMT of wheat in 2016/17 (July-June)

- USDA attaché expects that wheat imports to Bangladesh will increase from 5.56 MMT in 2016/17 to 6.5 MMT in 2017/18

- USDA attaché forecasts Thailand’s 2017/18 wheat imports to decline to 3 MMT, down from 4.064 MMT 2016/17. The government is currently studying the impact that a 27% tariff on feed wheat imports, implemented in January 2017, will have on poultry and livestock production costs. While a higher tariff on feed wheat will affect Black sea feed wheat imports, it should not affect feed wheat imports from Australia due to the zero-tariff rate under the Thai-Australian Free Trade Agreement

- Egypt will buy wheat from its local farmers at global prices next season and will announce the price in Mid-March. Egypt's local wheat harvest begins around mid-April and runs through July

CORN

- Nov 6 - USDA announced export sales of 130,000 MT of US corn for delivery to unknown destinations during 2017/18

- Nov 6 - Argentina registered 50,000 MT of corn for export

- Algeria late last week bought 25,000 MT of feed barley at 208 $/mt c&f for Nov 15-30 shipment

- US corn export inspections for week, ending Nov 2, reported 444,648 MT, below market expectations (500-700 TMT). Inspections for 2017/18 are running 45.6% behind of year-ago

- USDA estimated 70% of the US corn crop had been harvested as of Nov 5, matching analyst forecasts, but well below last year’s pace (84%) and 5-year mean of 83%

- Ukraine exported 501 TMT of corn in October 2017, down 63% on year. Ukraine's Sept-Oct 2017/18 corn exports fell 56% on year to 620 TMT

- Ukraine exported 416 TMT of barley in October 2017, down 21% on year. Ukraine's July-Oct 2017/18 barley exports fell 3.5% on year to 3.57 MMT

- USDA attaché forecasts that Bangladeshi corn production would rise in 2017/18 to 3.3 MMT from 2.817 MMT in 2016/17, 200,000 MT more than USDA’s official estimate. Bangladesh’s 2017/18 corn imports are expected to rise to 1 MMT from 843,000 MT in 2016/17, which assumes increasing demand for use in livestock feed production and mixing with wheat flour for human consumption

- USDA attaché expects Thailand’s 2017/18 corn production to decline to 4.9 MMT, down 6% from 2016/17 (5.2 MMT). The 2017/18 corn imports are expected to rise to 700,000 MT from 600,000 MT in 2016/17

SOYBEAN

- US soybean export inspections for week, ending Nov 2, reported 2,490,600 MT, within of trade estimates (2.3-2.8 MMT). Inspections for the 2017/18 marketing year are running 9% behind of year-ago

- USDA estimated 90% of the US soybean crop was harvested as of Nov 5, slightly behind of analysts' forecasts (91%), also below last year’s pace (92%) and 5-year mean of 91%

- China is expected to buy about 5 MMT of soybeans from Brazil for the fourth quarter of 2017 vs. 2.49 MMT shipped over the same period last year

- Safras & Mercado estimated Brazilian farmers sold 19% of the expected 2017/18 soybean crop so far versus 25% last year and vs. 5-year average pace of 29%. Safras estimates Brazil's soybean production will reach 114.7 MMT this season

- Ukraine exported 246 TMT of soybeans in October 2017, up 24% on year. Ukraine's Sept-Oct 2017/18 soybean exports rose 4% on year to 283 TMT

- Ukraine exported 342 TMT of rapeseed in October 2017. Ukraine's July-Oct 2017/18 rapeseed exports surged over two-fold on year to 1.68 MMT

- Ukraine exported 535 TMT of sunflower oil in October 2017, up 23% on year. Ukraine's Sept-Oct 2017/18 sun oil exports climbed 20% on year to 845 TMT

- USDA attaché expects Pakistan’s 2017/18 soybean imports to rise to 2 MMT from the estimate of 1.6 MMT in 2016/17

- USDA attaché expects Pakistan’s 2017/18 rapeseed imports to rise to 1.2 MMT from the estimate of 1.18 MMT in 2016/17

- USDA attaché forecasts Pakistan’s 2017/18 palm oil imports at 3.1 MMT, up 10% from 2.9 MMT in 2016/17

- Tunisia expects its olive oil output to triple in the current season to 280,000 MT, against only 95,000 MT last year. Tunisia aims to export about 220,000 MT of olive oil this season compared with about 75,000 MT last season