WHEAT

- Nov 28 - Bangladesh seeks 50,000 MT of optional origin milling wheat, 12.5% protein, for shipping within 40 days of the signing of the contract

- Nov 16 - Japan seeks 125,611 MT of food wheat for Dec-Jan shipments:

  • 8,650 MT of western white US wheat;
  • 25,505 MT of hard red winter US wheat;
  • 31,375 MT of dark northern spring US wheat;
  • 35,181 MT of Canadian western red spring wheat;
  • 24,900 MT of Australian standard white wheat

- Nov 15 - China sold 157,041 MT of wheat from state reserves or 7.9% of the offered amount (1,994,723 MT) at auction at average price of 2,501 RMB/mt (376 $/mt)

- Nov 15 - China auctioned 9,067 MT of imported wheat from state reserves, or 6.5% of the offered amount (139,249 MT) at average price of 2,538 RMB/mt (382 $/mt)

- Nov 14 - Argentina registered 45,966 MT of wheat for export

- Nov 14 - Egyptian court effectively reinstated a ban on wheat imports containing even trace levels of the common grain fungus ergot

- Egypt's agriculture ministry is awaiting instructions from the cabinet on a court ruling which reinstates a ban on wheat imports containing even trace levels of the common grain fungus ergot

- US wheat export inspections for week, ending Nov 9, recorded 301,039 MT, within trade expectations (250-450 TMT). Inspections for 2017/18 are running 5.7% behind of year-ago

- USDA said the US winter wheat crop 95% planted as of Nov 12, matching analysts’ expectations and 5-year average, and ahead of last-year's 94%. USDA rated 54% of the US wheat crop in good to excellent condition, down 1% point from prior week and behind of market forecasts of 56%, also below last-year's 59%

- France's farm ministry lowered its estimate of the country's 2017 soft wheat crop to 37.51 MMT from 37.937 MMT forecasted in Oct with yields trimmed to 7.35 from 7.36 mt/ha earlier, up 36.1% from last year (27.56 MMT and 5.37 mt/ha in 2016) and 5.2% above the five-year average

- Bangladesh has cancelled its first-ever deal with Cambodia to import 250,000 MT of white rice over a delay in shipments. The deal was signed in August at 453 $/mt

CORN

- Nov 15 - South Korea's Nonghyup Feed Inc. (NOFI) seeks up to 207,000 MT of optional-origin corn in three consignments for Mar 20, Apr 5 and Apr 15, 2018 arrival

- Nov 14 - Argentina registered for export 72,300 MT of corn and 23,000 MT of malt

- Nov 14 - USDA announced export sales of 133,096 MT of US corn for delivery to unknown destinations during 2017/18

- Nov 14 - South Korea's KOCOPIA bought 60,000 MT of corn, likely from the US, at 191.96 $/mt c&f including surcharge for additional port unloading for Mar 5 arrival

- Nov 14 - 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 Nov 22

- US corn export inspections for week, ending Nov 9, reported 375,951 MT, below market expectations (500-700 TMT). Inspections for 2017/18 are running 45.4% behind of year-ago

- USDA estimated 83% of the US corn crop had been harvested as of Nov 12, matching analyst forecasts, but well below last year’s pace (92%) and 5-year mean of 91%

- France's farm ministry forecasts the country's 2017 grain maize crop at 13.098 MMT (13.04 MMT in Oct) with yields 9.56 mt/ha, up 11.9% from last year (11.707 MMT and 8.41 mt/ha in 2016), but 10.4% below the five-year average

- France's farm ministry trimmed the country's 2017 barley production estimate to 12.224 MMT from 12.229 MMT in Oct, up 17.1% from last year (10.435 MMT in 2016) and 7.4% above the five-year average. French winter barley crop is estimated at 9.331 MMT (9.573 MMT forecasted in Oct and 8.389 MMT in 2016), while spring crop totals 2.894 MMT (2.655 MMT forecasted in Oct and 2.046 MMT in 2016)

- Ukrainian farmers as of Nov 14 harvested 17.8 MMT of maize from 3.4 million hectares (or 77% from total area of 4.5 million ha) with yields at 5.15 mt/ha

SOYBEAN

- Nov 14 - Egypt’s GASC bought 10,000 MT of soybean oil at 14,670 EGP/mt (831.6 $/mt c&f) from Watanya/Cargill and 32,500 MT of sunflower oil at 790 $/mt c&f (from Aston (22,500 MT) and ADM (10 TMT)) for Jan 1-15 delivery (with facilities 180 days)

- COFCO Corp expects China to import 100 MMT of soybeans in 2017/18

- US soybean export inspections for week, ending Nov 9, reported 2,087,458 MT, within of trade estimates (1.7-2.4 MMT). Inspections for the 2017/18 marketing year are running 12% behind of year-ago

- USDA estimated 93% of the US soybean crop was harvested as of Nov 12, behind of analysts' forecasts (95%), also below last year’s pace (96%) and 5-year mean of 95%

- Surveyor Intertek Testing Services estimated Malaysia's November 1-15 palm oil exports at 660,465 MT down 4.3% from a month ago

- Surveyor SGS estimated Malaysia's November 1-15 palm oil exports at 650,962 MT down 8.2% from a month ago

- France's farm ministry cut its estimate for 2017 French rapeseed output to 5.35 MMT from 5.51 MMT in Oct, up 12.9% from last year (4.738 MMT in 2016) and 5.2% above the five-year average

- France's farm ministry sharply upped its forecast of the country's 2017 sunflower seed crop to 1.607 MMT (1.296 MMT in Oct) with yields 2.78 mt/ha, up 35.9% from last year (1.183 MMT and 2.18 mt/ha in 2016) and 13.1% above the five-year average

- France's farm ministry upped its forecast for 2017 French soybean crop to 418 TMT from 404 TMT in Sept with yields 2.95 mt/ha, up 22.3% from last year (342 TMT and 2.48 mt/ha in 2016) and 86.5% above the five-year average

- India imported 1.167 MMT of veg oils (edible & non-edible) in Oct vs. 1.519 MMT in Sept, down 0.5% from 1.173 MMT a year ago

- India imported 15.077 MMT of edible veg oils in Nov-Oct 2016/17, up 3.5% from the 2015/16 (14.571 MMT)

- India imported 597,217 MT of crude palm oil in October vs. 651,630 MT in September and vs. 514,349 MT a year ago. India's Nov-Oct 2016/17 crude palm oil imports at 6.335 MMT vs. 5.749 MMT a year ago

- India imported 147,441 MT of RBD palmolein in October vs. 261,907 MT in September and vs. 221,810 MT a year ago. India's Nov-Oct 2016/17 RBD palmolein imports at 2.871 MMT vs. 2.623 MT a year ago

- India imported 220,200 MT of soybean oil in October vs. 357,027 MT in September and vs. 277,878 MT a year ago. India's Nov-Oct 2016/17 soybean oil imports at 3.316 MMT vs. 4.235 MMT a year ago

- India imported 128,791 MT of sunflower oil in October vs. 197,128 MT in September and vs. 96,920 MT a year ago. India's Nov-Oct 2016/17 sunflower oil imports at 2.169 MMT vs. 1.516 MMT a year ago

- India imported 37,468 MT of rapeseed oil in October vs. 15,491 MT in September and vs. 43,898 MT a year ago. India's Nov-Oct 2016/17 rapeseed oil imports at 292,652 MT vs. 377,469 MT a year ago

- India's stock of edible oils at various ports and in pipelines as of Nov 1, 2017 fell to 2.344 MMT from 2.589 MMT a month ago, but above the last year's 1.935 MMT. India's monthly requirement is about 1.8 MMT

- Ukrainian farmers as of Nov 14 harvested 11.8 MMT of sunseed from 5.86 million hectares (98% of plan) with yields of 2.01 mt/ha

- Ukrainian farmers as of Nov 14 harvested 3.5 MMT of soybeans from 1.8 million hectares (93% of plan) with yields of 1.92 mt/ha