WHEAT

- Apr 19 - Japan seeks 101,902 MT of food wheat for May-June shipments:

  • 20,702 MT of western white US wheat;
  • 19,975 MT of hard red winter US wheat;
  • 28,109 MT of dark northern spring US wheat;
  • 33,116 MT of Canadian western red spring wheat

- Apr 18 - Iraq seeks at least 50,000 MT of hard wheat from the US, Canada or Australia. Previous tender which closed on Apr 8 and offer validity in the tender had been extended to April 16 was cancelled

- Ethiopia has asked for the validity of price offers to be extended in its international tender to buy 400,000 MT of wheat which closed on March 13

- Apr 17 - Tunisia's state grains agency bought 125,000 MT of soft wheat, 11.5%:

  • 25,000 MT of soft milling wheat from Soufflet at 229.74 $/mt c&f for May 25-Jun 5 shipment;
  • 25,000 MT of soft milling wheat from Cofco at 230.45 $/mt c&f for Jun 5-15 shipment;
  • 25,000 MT of soft milling wheat from Casillo at 230.5 $/mt c&f for Jun 15-25 shipment;
  • 25,000 MT of soft milling wheat from Ameropa at 223.99 $/mt c&f for Jul 5-15 shipment;
  • 25,000 MT of soft milling wheat from Louis Dreyfus at 217.85 $/mt c&f for Jul 5-15 shipment

- Indonesian importers recently bought 50,000 MT of Ukrainian feed wheat at 230-232 $/mt c&f for August shipment

- Indonesian buyers recently bought 20,000 MT of Canadian spring wheat at around 305-310 $/mt c&f for July shipment

- US wheat export inspections for week, ending Apr 12, recorded 483,058 MT, within trade expectations. Inspections for 2017/18 are running 10% behind of year-ago

- USDA rated 31% of the US winter wheat crop in good to excellent condition as of April 15, up from 30% a week earlier and surpassing market expectations for 30%, but down vs. 54% a year ago. The figure fell below an average of analyst expectations for 31%

- Ukraine's Ag Min said that 99.8% winter crops were emerged; about 90% of emerged crops are in good and satisfactory condition (as of Apr 16)

- Kazakh farmers planted 223,200 ha of spring cereals crops as of April 18 vs. 159,700 ha a year ago

- Kazakhstan’s grain stocks as of Apr 1, 2018 accounted 10.65 MMT, including 8.809 MMT of wheat thereof 6.884 MMT of milling wheat compared to 10.33 MMT (incl. 8.648 MMT of wheat thereof 6.749 MMT of milling) a year ago

- Germany's association of farm cooperatives upped its forecast of country’s 2018 wheat crop to 24.29 MMT from 24.21 MMT in March, a 0.8% decrease from last year

- UK exported 37,418 MT of wheat in February, up from 33,843 MT in January but down 55% from a year-ago. Cumulative exports for the season, which started on July 1, 2017, totalled 343,728 MT vs. 1.249 MMT during the same period prior season

- UK imported 94,725 MT of wheat in February, down from 140,644 MT in January and down 30.7% from a year-ago. Britain’s Jul-Feb 2017/18 wheat imports totalled 1.097 MMT vs. 1.101 MMT a year ago

CORN

- Apr 18 - 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 April 25

- Apr 17 - Tunisia's state grains agency bought 25,000 MT of feed barley from Glencore at 229.69 $/mt c&f for Jun 15-25 shipment

- Apr 17 - Jordan has made no purchase in an international tender for 100,000 MT of optional-origin feed barley

- Apr 17 - Argentina registered 110,300 MT of corn for export

- Apr 16 - Argentina registered 440,000 MT of corn for export

- US corn export inspections for week, ending Apr 12, reported 1,504,697 MT, within market expectations (1.1-1.6 MMT). Inspections for 2017/18 are running 22% behind of year-ago

- USDA said the US corn crop was 3% planted by April 15, behind an average of trade estimates for 5% and compared to 6% last year and a 5% five-year average

- Ukraine’s Ag Min estimated early spring grain planting 51%, or 1.2 million ha done as of Apr 16, thereof:

  • 828,000 ha of barley (or 52% of planned area);
  • 265,000 ha of peas (or 63%);
  • 67,000 ha of oats (or 32%);
  • 70,000 ha of wheat (or 40%)

- China will require US companies to put down a big deposit for sorghum shipments to the country

- Australian sorghum prices rose on expectations of strong demand after China imposed hefty anti-dumping deposits on cargoes from the US. Bids for cargoes of Australian sorghum rose 10 $/mt from prices quoted on April 17 to 322 $/mt

- China's pork output rose 2.1% to 15.4 MMT in the first quarter compared with the period during the prior year, after farmers rushed to slaughter their pigs amid a rapid decline in prices. Live hog prices in China plunged by around 30% in the first quarter, after a significant increase in production by new farms

- Germany's association of farm cooperatives kept its forecast of country’s 2018 corn crop at 4.27 MMT, a 6.1% drop from last year

- Germany's association of farm cooperatives forecasts the country’s 2018 winter barley crop at 9.09 MMT (9.08 MMT – previous forecast in March), up 0.8% from last year; and spring barley crop at 2.06 MMT (2.08 MMT – previous forecast), up 12.4% from 2017

- UK corn imports fell in February to 88,594 MT from 179,377 MT in January and down 50% from a year-ago. Britain’s Jul-Feb 2017/18 corn imports totalled 1.324 MMT vs. 1.233 MMT a year ago

- UK exported 62,134 MT of barley in February, down from 105,028 MT in January but in line with last year’s level. Cumulative barley exports for 2017/18 totalled 831,798 MT compared to 785,917 MT in Jul-Feb 2016/17

SOYBEAN

- Apr 17 - Argentina registered 104,770 MT of soymeal for export

- Apr 16 - Argentina registered 125,071 MT of soymeal for export

- US soybean export inspections for week, ending Apr 12, reported 444,987 MT, within trade estimates. Inspections for the 2017/18 marketing year are running 12.3% behind of year-ago

- NOPA said its members crushed a record-large of 171.858 million bushels of soybeans during March, topped an average of trade expectations (168.247 million bu). NOPA processors crashed 153.719 mln bu in February and 153.06 mln bu a year ago. Soyoil stocks climbed to 1.946 billion lbs as of Mar 31 from 1.856 a month earlier and vs. last year’s level of 1.815 billion lbs, the largest month-end oil stocks figure since June 2016, but slightly below the average expectations of 1.962 billion lbs. Soymeal exports rose to 878,582 tons from 755,103 tons in February but down vs. 1.057 million tons a year-ago

- Ukraine's Ag Min reports that 99% of Ukraine's winter rapeseed crops were emerged; about 90% of emerged crops are in good to satisfactory condition

- Ukrainian farmers have sown 211,000 ha of sunflower or 4% of planned area as of April 16

- Germany's association of farm cooperatives trimmed Germany's 2018 winter rapeseed output forecast from 4.67 to 4.62 MMT this month, up 8.3% from 2017

- Russia produced 1.3 MMT of sunflower oil during the first quarter of 2018, up 1.9% from the same period last year

- Surveyor AmSpec Agri Malaysia estimated Malaysia's April 1-15 palm oil exports at 633,530 MT up 6.4% from a month ago

- Surveyor SGS estimated Malaysia's April 1-15 palm oil exports at 638,293 MT up 5.7% from a month ago