WHEAT

- Mar 1 - Japan seeks 136,616 MT of food wheat for Apr-May shipments:

  • 19,694 MT of western white US wheat;
  • 14,344 MT of hard red winter US wheat;
  • 31,478 MT of dark northern spring US wheat;
  • 35,690 MT of Canadian western red spring wheat;
  • 35,410 MT of Australian standard white wheat

- Feb 27 - Jordan has made no purchase in an international tender for 100,000 MT of optional-origin milling wheat

- UN recently bought 60,000 MT of Romanian wheat for donation to east Africa

- Feb 21 - Syria's Hoboob cancelled a tender for 300,000 MT of soft wheat from Russia, Romania or Bulgaria for April-June shipment

- China has lifted a ban on imports of wheat from two more regions in Russia (Amur and Chelyabinsk regions). China in 2016 opened its market to wheat from four regions in Russia, the Novosibirsk and Omsk regions, as well as the Krasnoyarsk and Altai Territories

- Ukraine's Ag Min said Ukraine exported 26.94 MMT of grain between July 1-Feb 28 2017/18 vs. 29.23 MMT for the same period last season, including:

  • wheat – 13.18 MMT (vs. 13.53 MMT a year ago);
  • corn – 9.45 MMT (10.71 MMT);
  • barley – 4.0 MMT (4.64 MMT)

- US wheat export inspections for week, ending Feb 22, recorded 280,243 MT, below trade expectations (325-525 TMT). Inspections for 2017/18 are running 5.8% behind of year-ago

- South Africa's Crop Estimates Committee (CEC) raised its wheat production estimate for 2017 year to 1.525 MMT from 1.475 MMT in prior month, but down 20.2% from the previous season’s crop of 1.91 MMT

- India's wheat output is likely to be lower by 1.4% at 97.11 MMT in 2017/18, against a record 98.51 MMT in 2016/17

- European Commission (EC) forecasts 2018 EU soft wheat crop at 140 MMT vs. 141.6 MMT last year. EU's executive forecasts EU soft wheat exports at 25.3 MMT in 2018/19, up from 24 MMT current season. Soft wheat inventories in the region are forecasted at 13.7 MMT by the end of June 2019, below 14.3 MMT estimated for 2017/18

VEGETABLE OILS

- Feb 28 - USDA announced export sales of 250,000 MT of US soybeans for delivery to unknown destinations during 2017/18

- Feb 26 - USDA announced export sales of 132,000 MT of US soybeans for delivery to China during 2017/18

- US soybean export inspections for week, ending Feb 22, reported 761,961 MT, within trade estimates (600-900 TMT). Inspections for the 2017/18 marketing year are running 13% behind of year-ago

- Dr. Michael Cordonnier lowered his forecast of Argentina’s 2017/18 soybean crop this week by 2 MMT to 47 MMT

- CEC in its first forecast expects S. Africa’s 2018 soybean crop at 1.375 MMT, up 4.5% from 1.316 MMT in 2017

- CEC forecasts S. Africa’s 2018 sunflower crop at 731,505 MT, down 16.3% from 874,000 MT in 2017

- Ukrainian January sunflower oil production was reported at 434 TMT, down 9% from prior month and down 10.7% from last year

- EC expects 2018 EU rapeseed harvest at 22.8 MMT, up 4.5% from 21.8 MMT in 2017

- EC forecasts 2018 EU sunflower seed crop at 9.9 MMT, down 4.4% from 10.3 MMT in 2017

- EC forecasts 2018 EU soybean harvest at 2.8 MMT, almost unchanged from 2017

- Surveyor SGS estimated Malaysia's February 1-28 palm oil exports at 1,167,908 MT down 11% from a month ago