WHEAT

- Sept 18 - Ethiopia seeks around 200,000 MT of optional-origin milling wheat for shipment two months after contract award

- Sept 17 - Syria's Hoboob is seeking 200,000 MT of soft wheat from Russia, Romania or Bulgaria for Oct 15-Dec 15 shipment

- Sept 5 - Japan seeks 107,965 MT of food wheat for Oct-Dec shipments:

  • 11,312 MT of western white US wheat;
  • 13,905 MT of hard red winter US wheat
  • 29,195 MT of dark northern spring US wheat;
  • 53,553 MT of Canadian western red spring wheat;

- Sept 3 - China sold 98,787 MT of 2012 wheat from state reserves or 94.4% of the offered amount at auction at average price of 2,105 RMB/mt (309 $/mt)

- Aug 31 - Argentina registered 821,787 MT of wheat for export

- Aug 30 - Argentina registered 240,000 MT of wheat for export

- Indonesian flour millers recently bought 60,000 MT of Black Sea wheat, 11.5% protein, at around 250 $/mt c&f for shipment in Oct-Nov

- Thai flour mills bought about 50,000 MT of US wheat in recent deals: US soft white wheat at 270-272 $/mt c&f; hard red winter wheat at 275-280 $/mt c&f and dark northern spring wheat at 290 $/mt c&f

- Aug 29 - Jordan bought 60,000 MT of optional-origin hard milling wheat from Nibulon at 258.9 $/mt c&f for first half of November shipment

- Aug 28 - Egypt's GASC bought 350,000 MT of wheat from Russia (290 TMT) and Ukraine (60 TMT) for October 11-20 shipment:

  • 55,000 MT of Russian wheat from Glencore at 239.77 $/mt c&f (221.51 fob+18.26 freight);
  • 55,000 MT of Russian wheat from Glencore at 241.77 $/mt c&f (223.51 fob+18.26 freight);
  • 60,000 MT of Russian wheat from GTCS at 240.73 $/mt c&f (225.5 fob+15.23 freight);
  • 60,000 MT of Russian wheat from GTCS at 241.5 $/mt c&f (225.5 fob+16.0 freight);
  • 60,000 MT of Ukrainian wheat from Louis Dreyfus at 241.4 $/mt c&f (223.5 fob+17.9 freight);
  • 60,000 MT of Russian wheat from Garant Logistics at 242.6 $/mt c&f (225.5 fob+17.1 freight)

- Weekly US wheat export sales data for week ended August 23 totalled 414,800 MT for 2018/19 (within trade expectations for 200-500 TMT). Export commitments for 2018/19 are running 26% behind of year-ago

- Sept 3 - Russia's agriculture ministry discussed the current grain market situation, production and export plans during its routine meeting with exporters. Russia's Ag Min does not see any need to impose a grain export duty or to curb grain exports in any other way.

- Russia’s Ag Min said Russia exported 9.811 MMT of grain between July 1-August 30, 2018/19, up 39% from 7.037 MMT a year ago, including:

  • wheat – 8.169 MMT (1.6 times more from year ago);
  • barley – 1.205 MMT (down by 13%);
  • corn – 354,000 MT (down by 29.6%)

- Russian grain stocks were at 33.7 MMT as of August 1, 2018, up 5.7% from a year earlier (31.9 MMT as of August 1, 2017). The data does not include grain stored at small farms

- Russia has 3,517,200 MT of grain in its federal intervention fund as of August 31 vs. 3,574,600 MT week ago and 3,982,600 MT year ago

- Russian farmers harvested 58,7 MMT of wheat as of Sept 3, down from 67.8 MMT a year ago, yields totalled 3.26 mt/ha down from 3.84 mt/ha year ago

- Romania's Prime Minister said they expect 2018 wheat crop at 10.2 MMT, up from the 9.9 MMT harvest last season

- Ukraine's Ag Min said Ukraine exported 5 MMT of grain between July 1-Aug 29, 2018/19 vs. 5.7 MMT for the same period last season, including:

  • wheat – 2.6 MMT;
  • corn – 1.05 MMT;
  • barley – 1.29 MMT

- According to Ukrainian Ag Min, farmers have completed this year's wheat harvest with 25.1 MMT and an average yield of 3.8 mt/ha

- India raised its estimate of 2017/18 overall grain production to 284.83 MMT from 279.51 MMT previously in May, incl. 99.7 MMT of wheat (prior forecast 98.61 MMT)

- Statistics Canada (StatsCan) estimated Canada's 2018 all-wheat crop at 28.987 MMT, down 3.3% compared with 2017 and below the range of market expectations (29.3-32.7 MMT, 30.6 MMT – avg)

- EU this season in period of July 1-Sept 2, 2018/19 exported 2.075 MMT of soft wheat compared to 4.064 MMT a year ago

- EU in week ended Aug 24 awarded licenses to import 71,983 MT of reduced-tariff wheat imports under its main quota open to all origins apart from the US

- European Commission (EC) cut its forecast of 2018 EU soft wheat crop by around 4.76 MMT to 128.78 MMT vs. 141.97 MMT last year. EU's executive lowered its forecast of 2018/19 EU soft wheat exports by 5.5 MMT to 20 MMT (21.3 MMT in 2017/18). Soft wheat inventories in the region are forecasted at 12.05 MMT by the end of June 2019 vs. 18.09 MMT estimated for 2017/18

- Argentine farmers may delay wheat sales and plant less corn this year under a new export tax system announced on Monday, Sept 3. The government slapped a roughly 10% tax on corn and wheat exports, which will rise and fall with the exchange rate

- Algeria's 2017/18 grain harvest has reached 6 MMT, the highest since 2012 and a 74.4% rise from the last year's harvest of 3.5 MMT

CORN

- Aug 31 - USDA announced export sales of 273,800 MT of US corn for delivery to unknown destinations during 2018/19

- Aug 30 - USDA announced export sales of 100,611 MT of US corn for delivery to Mexico during 2018/19

- Aug 31 - China sold 1,190,023 MT of corn from state reserves, or 29.8% of the offered amount, at average price of 1,431 RMB/mt (210 $/mt)

- Aug 30 - China sold 2,614,881 MT of corn from state reserves, or 65.9% of the offered amount, at average price of 1,557 RMB/mt (228 $/mt)

- Aug 31 - Argentina registered for export 236,500 MT of feed barley and 155,000 MT of malting barley

- Aug 31 - Argentina registered 2.694 MMT of corn for export

- Aug 30 - Argentina registered 895,056 MT of corn for export

- Aug 29 - Argentina registered 86,100 MT of corn for export

- Aug 28 - Argentina registered 244,500 MT of corn for export

- Aug 29 - Japan bought 62,555 MT of feed grain (21,395 MT of wheat and 41,160 MT of barley) for Jan 31 arrival via SBS-tender. New SBS tender for 120,000 MT of feed wheat and 200,000 MT of feed barley will be held on September 5

- Weekly US corn export sales data for week ended August 23 of 700,400 MT, incl. 175,400 MT for 2017/18 (within trade expectations of 100-300 TMT) and 525,000 MT for 2018/19 (below expectations for 600-1000 TMT). Export commitments for 2017/18 are running 7% ahead of year-ago

- FCStone lowered its forecast this year's US corn harvest to 14.532 billion bushels with an average yield of 177.7 bpa from 14.562 billion bushels and 178.1 bpa previously

- Brazil’s Trade Ministry reported August corn exports at 2.899 MMT, up from 1.17 MMT in July but down vs. 5.257 MMT in the year-ago month

- Ukrainian farmers harvested 136,000 MT of corn from 1% of planned area as of Sept 3, yields totalled 5.79 mt/ha

- According to Ukrainian Ag Min, farmers have completed this year's barley harvest with 7.5 MMT and an average yield of 3.03 mt/ha

- According to Ukrainian Ag Min, farmers have completed this year's peas harvest with 801,000 MT and an average yield of 1.86 mt/ha

- Russian farmers harvested 13.9 MMT of barley as of Sept 3, down from 17.5 MMT a year ago, yields totalled 2.36 mt/ha vs. 2.94 mt/ha year ago

- StatsCan forecasts Canada's 2018 corn crop at 13.789 MMT, a 2.2% decrease from last year's 14.095 MMT

- StatsCan forecasts Canada's 2018 barley crop to rise 1.3% to 7.992 MMT, but below average market expectation of 8.4 MMT, while oat production to fall 11.5% from 2017 to 3.305 MMT, in line with expectation

- EU this season in period of July 1-Sept 2, 2018/19 imported 2.127 MMT of corn (maize) vs. 2.949 MMT a year ago

- EU this season in period of July 1-Sept 2, 2018/19 exported 39,873 MT of corn vs. 103,502 MT a year ago

- EU this season in period of July 1-Sept 2, 2018/19 exported 1.203 MMT of barley vs. 915,003 MT a year ago

- EU this season in period of July 1-Sept 2, 2018/19 exported 378,257 MT of malt in barley equivalent vs. 491,793 MT a year ago

- EC upped forecast of 2018 EU corn harvest by 0.5 MMT to 64.23 MMT (65.44 MMT in 2017). EC also raised forecast of EU 2018/19 corn imports by 0.67 MMT to 13.97 MMT vs. 17.79 MMT (17.3 MMT previously) in 2017/18. Ending stocks are estimated at 22.0 MMT vs. 24.02 MMT current season

- EC lowered its forecast of 2018 EU barley harvest by 1.36 MMT to 56.22 MMT vs. 58.8 MMT in 2017. EC kept forecast of EU 2018/19 barley exports at 8 MMT vs. 8.96 MMT (8.39 MMT previously) in 2017/18. Barley inventories in the region are forecasted at 4.7 MMT by the end of June 2019 vs. 4.97 MMT estimated for 2017/18

- China reported eighth case of African swine fever

- Bulgaria reported its first outbreak of African swine fever

SOYBEAN

- Aug 31 - Argentina registered for export 1.497 MMT of soymeal, 339,037 MT of soybean oil and 156,635 MT of soybeans

- Aug 30 - Argentina registered for export 952,902 MT of soymeal, 287,739 MT of soybean oil and 97,000 MT of soybeans

- Aug 29 - Argentina registered for export 150,000 MT of soymeal and 90,000 MT of soybeans

- Aug 31 - USDA announced export sales of 250,000 MT of US soybeans for delivery to unknown destinations during 2018/19

- Aug 29 - Egypt’s GASC bought 10,000 MT of local soybean oil at 12,200 EGP/mt (681 $/mt) from Alex Co., also 21,500 MT of sunflower oil from Aston (11,500 MT at 736 $/mt c&f) and ADM (10,000 MT at 736 $/mt c&f) with facilities 180 days for Oct 1-15 arrival

- Aug 29 - China sold 40,266 MT of 2013 soybeans from state reserves, or 13.4% of the offered amount, at average price of 3,002 RMB/mt (437 $/mt)

- Aug 29 - China sold 24,730 MT of 2011 soy oil from state reserves, or 45.8% of the offered amount, at average price of 5,000 RMB/mt (727 $/mt)

- Aug 29 - China sold 1,780 MT of rapeseed oil from state reserves, or 2.96% of the offered amount, at average price of 6,000 RMB/mt (873 $/mt)

- Weekly US soybeans export sales data for week ended August 23 totalled 702,500 MT, incl. 110,900 MT for 2017/18 (within trade expectations of 0-250 TMT) and 591,600 MT for 2018/19 (within trade expectations for 500-1000 TMT). Export commitments for 2017/18 are running 3% behind of year-ago

- Weekly US soymeal export sales data for week ended August 23 of 478,500 MT, incl. net sales cancellations of 21,500 MT for 2017/18 (below expectations for 50-350 TMT) and 500,000 MT for 2018/19, topped trade expectations of 200-400 TMT. Export commitments for 2017/18 are running 20% ahead of year-ago

- FCStone raised its forecast of US 2018 soybean production to 4.782 from 4.574 billion bushels previously, with an average yield of 53.8 bpa (51.5 bpa previously)

- FCStone expects 2018/19 Brazilian soybean crop at a record high 119.18 MMT, up 0.2% from previous year. It also predicts Brazil will export 71 MMT of soybeans in the 2018/19 cycle compared with 74 MMT in 2017/18

- Brazil’s Trade Ministry reported August soybean exports at 8.127 MMT, down from 10.196 MT in July bu up vs. 5.952 MMT a year ago. Also Brazil exported 1.462 MMT of soymeal in August versus 1.73 MMT the month before and 1.227 MMT a year ago; and 209,268 MT of soyoil compared to 210,904 MT in July and 145,915 MT a year ago

- Argentina is exporting soyoil to China for the first time in three years

- India's soybean output is set to jump about 20% to over 10 MMT in the 2018/19 crop year that starts in October

- Ukrainian farmers harvested 861,000 MT of sunflower seed from 7% of planned area as of Sept 3, yields totalled 1.95 mt/ha

- Ukrainian farmers harvested 113,000 MT of soybeans from 3% of planned area as of Sept 3, yields totalled 2.63 mt/ha

- Ukrainian farmers harvested around 2.7 MMT of rapeseed from 100% of planned area as of Sept 3, yields totalled 2.61 mt/ha

- Ukrainian farmers have planted 703,000 hectares of winter rapeseed (79% of plan) as of Sept 3

- StatsCan expects soybean production to decrease in 2018 down 9.2% from 2017 to 7.01 MMT, matching market expectations

- Statistics Canada (StatsCan) estimated Canada's 2018 canola crop at 19,162 MMT, down 10.2% compared with 2017 and below average market expectation of 20.2 MMT

- Strategie Grains trimmed forecast of EU's 2018/19 soybean production to 2.69 MMT from 2.71 MMT previously (2.59 MMT in 2017/18)

- Strategie Grains cut its forecast of EU's 2018/19 rapeseed production to 19.62 MMT from 19.95 MMT previously (22.17 MMT in 2017/18)

- Strategie Grains raised its forecast of EU's 2018/19 sunflower seed production to 9.33 MMT from 8.91 MMT previously (9.75 MMT in 2017/18)

- EC trimmed its forecast of 2018 EU soybean harvest from 2.8 MMT to 2.79 MMT, up 6.4% from 2017 (2.62 MMT)

- EC cut its forecast of 2018 EU rapeseed harvest by 0.44 MMT to 19.23 MMT, down 12.4% from 21.96 MMT in 2017

- EC lowered its forecast of 2018 EU sunflower seed crop by 0.13 MMT to 10.3 MMT, down 0.5% from 10.36 MMT in 2017

- EU this season in period of July 1-Sept 2, 2018/19 imported 2.269 MMT of soybeans vs. 2.289 MMT a year ago

- EU this season in period of July 1-Sept 2, 2018/19 imported 2.83 MMT of soymeal vs. 3.659 MMT a year ago

- EU this season in period of July 1-Sept 2, 2018/19 imported 341,518 MT of rapeseed vs. 497,433 MT a year ago

- EU this season in period of July 1-Sept 2, 2018/19 imported 19,261 MT of sunflowerseed vs. 56,970 MT a year ago

- EU this season in period of July 1-Sept 2, 2018/19 imported 311,420 MT of sunflower meal vs. 562,686 MT a year ago

- EU this season in period of July 1-Sept 2, 2018/19 imported 196,381 MT of sunflower oil vs. 345,063 MT a year ago

- EU this season in period of July 1-Sept 2, 2018/19 imported 910,823 MT of palm oil vs. 1.165 MMT a year ago

- GAPKI estimated Indonesia's 2018 crude palm oil output at 40-42 MMT, up by 4-6 MMT from last year

- Surveyor SGS estimated Malaysia's August 1-31 palm oil exports at 1,054,169 MT up 0.4% from a month ago

- Surveyor Intertek Testing Services estimated Malaysia's August 1-31 palm oil exports at 1,073,903 MT up 3.1% from a month ago

- Surveyor AmSpec Agri Malaysia estimated Malaysia's August 1-31 palm oil exports at 1,072,524 MT up 4% from a month ago