WHEAT

- Aug 29 - Jordan seeks 120,000 MT of optional-origin hard milling wheat for Nov-Dec shipments

- Aug 16 - USDA announced export sales of 200,000 MT of US hard red winter wheat for delivery to Iraq during 2018/19

- Iraq has purchased a total of 300,000 MT of wheat from the US (200 TMT) and Canada (100 TMT) in directly-negotiated deals this week. US wheat was purchased probably from Cargill at around 334 $/mt CIF free out and Canadian wheat - at around 324 $/mt CIF free out. US wheat was to be delivered within 75 days from contract signing, the Canadian wheat in about 105 days

- Aug 15 - Jordan bought 60,000 MT of optional-origin hard milling wheat from Ameropa at 262 $/mt c&f for second half of October shipment

- Aug 15 - Argentina registered 225,500 MT of wheat for export

- Aug 14 - Argentina registered 310,111 MT of wheat for export

- Aug 14 - Egypt's GASC bought 420,000 MT of wheat from Russia (360 TMT) and Romania (60 TMT):

  • for September 21-30 delivery:
    • 60,000 MT of Romanian wheat from CHS at 246.33 $/mt c&f (230.99 fob+15.34 freight);
    • 60,000 MT of Russian wheat from GTCS at 248.00 $/mt c&f (233.00 fob+15.00 freight);
    • 60,000 MT of Russian wheat from GTCS at 248.60 $/mt c&f (232.00 fob+16.60 freight);
    • 60,000 MT of Russian wheat from GTCS at 249.60 $/mt c&f (233.00 fob+16.60 freight).
  • for October 1-10 delivery:
    • 120,000 MT of Russian wheat from GTCS at 250.40 $/mt c&f (233.80 fob+16.60 freight);
    • 60,000 MT of Russian wheat from Alegrow at 250.40 $/mt c&f (233.80 fob+16.60 freight)

- Egypt has enough strategic wheat reserves to cover 4 months' needs

- Turkey's TMO has been granted the right for duty-free grain imports:

  • 750,000 MT of wheat valid to 31.05.19;
  • 700,000 MT of barley till 31.05.19;
  • 700,000 MT of corn till 31.07.19;
  • 100,000 MT of rice till 31.08.19

- Weekly US wheat export sales data for week ended August 9 totalled 803,000 MT for 2018/19 (topped trade expectations for 200-500 TMT). Export commitments for 2018/19 are running 25% behind of year-ago

- Russia’s Ag Min said Russia exported 6.8 MMT of grain between July 1-August 15, 2018/19, up 46% from 4.7 MMT a year ago, including:

  • wheat – 5.5 MMT (1.8 times more from year ago);
  • barley – 911,000 MT (down by 9%);
  • corn – 307,000 MT (down by 35%)

- Russia's Ag Min expects Russian wheat exports of 35 MMT in the current marketing year

- Russian farmers harvested 52.9 MMT of wheat as of Aug 17, down from 55.7 MMT a year ago, yields totalled 3.43 mt/ha down from 4.27 mt/ha year ago

- Ukrainian grain stocks were at 19.056 MMT as of August 1, down 12.8% from a year earlier, incl. 13.105 MMT of wheat (14.77 MMT a year ago), 2.506 MMT of barley (3.116 MMT a year ago) and 2.523 MMT of corn (2.138 MMT a year ago). The data does not include grain stored at small farms

- Ukrainian farmers have threshed 24.3 MMT of winter wheat from almost 100% of planned area with the average yield of 3.8 mt/ha as of Aug 17. They also harvested 624,000 MT of spring wheat from 90% of planned area with the average yield of 3.52 mt/ha

- Farmers in Bulgaria harvested 5.284 MMT of wheat from 97% of planned area as of August 9, down 7.5% from last-year stage, yields totals 4.79 mt/ha, 8.9% lower than a year-ago

- Bulgaria's Ag Min said Bulgaria exported 506,641 MT of wheat via port Varna between July 2-August 12, 2018, up 27.4% from a year-ago (397,758 MT)

- Bulgaria's July-May 2017/18 wheat exports are estimated at 4.636 MMT, up 11.6% from year-ago

CORN

- Aug 28 - Jordan seeks 120,000 MT of optional-origin feed barley

- Aug 17 - China sold 850,780 MT of corn from state reserves, or 21.5% of the offered amount, at average price of 1,433 RMB/mt (208 $/mt)

- Aug 16 - China sold 1,533,165 MT of corn from state reserves, or 38.4% of the offered amount, at average price of 1,544 RMB/mt

- Aug 15 - USDA announced export sales of 114,572 MT of US corn for delivery to unknown destinations during 2017/18 (55,000 MT) and 2018/19 (59,572MT)

- Aug 16 - Argentina registered 280,000 MT of corn for export

- Aug 15 - Argentina registered 672,171 MT of corn for export

- Aug 14 - Argentina registered 557,324 MT of corn for export

- Aug 14 - Argentina registered 75,000 MT of feed barley for export

- Weekly US corn export sales data for week ended August 9 of 1,383,800 MT, incl. 339,000 MT for 2017/18 (within trade expectations of 300-600 TMT) and 1,044,800 MT for 2018/19 (topped expectations for 300-1000 TMT). Export commitments for 2017/18 are running 7% ahead of year-ago

- Buenos Aires Grains Exchange expects Argentine 2018/19 corn area at a record 5.8 mln hectares (5.4 mln ha in 2017/18)

- FranceAgriMer estimated France’s corn condition as of Aug 12 as 61% in good to excellent, down 1% point from prior week and below the year-ago score of 79%

- Farmers in Bulgaria harvested 495,507 MT of barley from 98% of planned area as of August 9, down 20% from last-year stage, yields totals 4.39 mt/ha, 7.6% lower than a year-ago

- Bulgaria's July-May 2017/18 barley exports are estimated at 352.7 TMT, up 24.3% from year-ago

- Bulgaria's Sept-May 2017/18 corn exports are estimated at 1.304 MMT, up around 44.4% from year-ago

- Ukrainian farmers have threshed 3.1 MMT of winter barley from 100% of planned area with the average yield of 3.53 mt/ha as of Aug 17. They also harvested 4.4 MMT of spring barley from 98% of planned area with the average yield of 2.74 mt/ha

- Ukrainian farmers have threshed 793,000 MT of peas from 98% of planned area with the average yield of 1.86 mt/ha as of Aug 17

- Russian farmers harvested 10.5 MMT of barley as of Aug 17, down from 10.8 MMT a year ago, yields totalled 2.54 mt/ha vs. 3.33 mt/ha year ago

SOYBEAN

- Aug 16 - USDA announced export sales of 154,404 MT of US soybeans for delivery to Mexico during 2018/19

- Aug 16 - Argentina registered 40,000 MT of sunflower meal for export

- Aug 15 - China sold 127,270 MT of 2013 soybeans from state reserves, or 42.1% of the offered amount, at average price of 3,012 RMB/mt (437 $/mt)

- Aug 15 - China sold 20,113 MT of 2011 soy oil from state reserves, or 35.5% of the offered amount, at average price of 5,000 RMB/mt (725 $/mt)

- Aug 15 - China sold 600 MT of rapeseed oil from state reserves, or 1% of the offered amount, at average price of 6,117 RMB/mt (889 $/mt)

- Weekly US soybeans export sales data for week ended August 9 totalled 705,000 MT, incl. 133,400 MT for 2017/18 (within trade expectations of 100-400 TMT) and 571,600 MT for 2018/19 (within trade expectations for 300-700 TMT). Export commitments for 2017/18 are running 4% behind of year-ago

- Weekly US soymeal export sales data for week ended August 9 of 354,500 MT, incl. 207,200 MT for 2017/18 and 147,300 MT for 2018/19, topped trade expectations. Export commitments for 2017/18 are running 20% ahead of year-ago

- NOPA said its members crushed a bigger-than-expected 167.733 million bushels of soybeans during July (161.745 million bu – average expectations), second biggest monthly total. NOPA processors crashed 159.228 mln bu in June and 144.718 mln bu a year ago. Soyoil stocks fell to 1.764 billion lbs as of July 31 from 1.766 a month earlier, below the average expectations of 1.783 billion lbs but above last year’s level of 1.558 billion lbs. Soymeal exports decrease to 737,465 tons from 857,275 tons in June and vs. 596,767 tons a year-ago

- Argentina has suspended for six months its program of gradually cutting taxes on exports of soymeal and soyoil. International shipments of both soy products are currently taxed at 23%, lowered gradually from 32% in 2015

- Chinese delegation will travel to the United States for bilateral trade talks this month

- Ukrainian sunflower stocks were at 678,300 MT as of August 1, down 7% from a year earlier (729,400 MT). The data does not include grain stored at small farms

- Ukrainian farmers harvested 2.5 MMT of winter rapeseed from 100% of planned area as of Aug 17, yields totalled 2.63 mt/ha

- Russian farmers harvested 411,000 MT of rapeseed as of Aug 17, up from 320,300 MT a year ago. Yields totalled 1.93 mt/ha vs. 2.2 mt/ha a year ago

- Russia produced 2.7 MMT of sunflower oil during first seven months of 2018, down 0.9% from the same period last year

- Farmers in Bulgaria harvested 448,834 MT of rapeseed from 98% of planned area as of August 9, down 1.6% from last-year stage. Yields on this stage totals 2.49 mt/ha, 12.6% lower than a year-ago

- Bulgaria's July-May 2017/18 rapeseed exports are estimated at 423,900 MT, down 13.3% from year-ago

- Bulgaria's Sep-May 2017/18 sunflower exports are estimated at 751,600 MT, up 43.3% from year-ago score

- India imported 1.12 MMT of veg oils (edible & non-edible) in July vs. 1.042 MMT in June, down 27% from 1.525 MMT a year ago

- India imported 10.454 MMT of edible veg oils in Nov-Jul 2017/18, down 5.9% from the 2016/17 (11.105 MMT)

- India imported 363,799 MT of crude palm oil in June vs. 304,577 MT in June and vs. 515,188 MT a year ago. India's Nov-Jul 2017/18 crude palm oil imports at 4.536 MMT vs. 4.486 MMT a year ago

- India imported 180,418 MT of RBD palmolein in July vs. 177,071 MT in June and vs. 294,399 MT a year ago. India's Nov-Jul 2017/18 RBD palmolein imports at 1.496 MMT vs. 2.197 MMT a year ago

- India imported 352,325 MT of soybean oil in July vs. 288,519 MT in June and vs. 468,439 MT a year ago. India's Nov-Jul 2017/18 soybean oil imports at 2.13 MMT vs. 2.449 MMT a year ago

- India imported 139,174 MT of sunflower oil in July vs. 221,249 MT in June and vs. 200,583 MT a year ago. India's Nov-Jul 2017/18 sunflower oil imports at 2.01 MMT vs. 1.709 MMT a year ago

- India's stock of edible oils at various ports and in pipelines as of August 1, 2018 fell to 2.475 MMT from 2.518 MMT a month ago and vs. the last year's 2.273 MMT. India's monthly requirement is about 1.9 MMT

- Egypt has sufficient vegetable oils reserves to cover 3.7 months' needs

- Surveyor AmSpec Agri Malaysia estimated Malaysia's Aug 1-15 palm oil exports at 415,719 MT, down 14.6% from a month ago