WHEAT

- Sept 25 - Turkey's TMO seeks 252,000 MT of red milling wheat, 12.5%, 13.5% protein, (21x12 TMT), for Oct 2-22 shipment

- Sept 20 - Japan bought 149,586 MT of food wheat for Oct-Dec shipments:

  • 34,359 MT of western white US wheat;
  • 14,840 MT of hard red winter US wheat;
  • 29,511 MT of dark northern spring US wheat;
  • 34,756 MT of Canadian western red spring wheat
  • 36,120 MT of Australian standard white wheat

- Sept 19 - Jordan has made no purchase in an international tender for 120,000 MT of optional-origin hard milling and retender on Sept 27

- Sept 18 - Egypt's GASC bought 475,000 MT of wheat from Russia (415 TMT) and Ukraine (60 TMT):

  • for November 1-10 shipment:
    • 60,000 MT of Russian wheat from GTCS at 243.10 $/mt c&f (226.00 fob+17.10 freight);
    • 60,000 MT of Russian wheat from GTCS at 244.60 $/mt c&f (227.50 fob+17.10 freight);
    • 60,000 MT of Ukrainian wheat from Dreyfus at 244.60 $/mt c&f (227.73 fob+16.87 freight)
  • for November 11-20 shipment:
    • 60,000 MT of Russian wheat from Garant Logistics at 243.05 $/mt c&f (225.95 fob+17.10 freight);
    • 60,000 MT of Russian wheat from Daewoo at 244.60 $/mt c&f (227.50 fob+17.10 freight);
    • 60,000 MT of Russian wheat from Aston at 244.95 $/mt c&f (227.85 fob+17.10 freight);
    • 60,000 MT of Russian wheat from ADM at 245.00 $/mt c&f (228.65 fob+16.35 freight);
    • 55,000 MT of Russian wheat from Daewoo at 245.06 $/mt c&f (227.50 fob+17.56 freight)

- Sept 17 - Syria's Hoboob bought 200,000 MT of soft wheat, 11.5% protein, from Russia at 224.5 $/mt c&f for Oct 15-Dec 15 shipment

- Sept 20 - China auctioned 2,631 MT of imported 2013 wheat from state reserves, or 0.3% of the offered amount at average price of 2,231 RMB/mt (325 $/mt)

- Sept 19 - China auctioned 3,000 MT of imported 2013 wheat from state reserves, or 0.3% of the offered amount at average price of 2,160 RMB/mt (315 $/mt)

- Sept 18 - China auctioned 3,649 MT of imported 2013 wheat from state reserves, or 0.4% of the offered amount at average price of 2,171 RMB/mt (316 $/mt)

- Sept 18 - The lowest offer in Ethiopian tender for 200,000 MT of optional origin wheat came in at 272.05 $/mt c&f liner out for 100,000 MT

- Weekly US wheat export sales data for week ended Sept 13 totalled 468,400 MT for 2018/19 (within trade expectations for 250-500 TMT). Export commitments for 2018/19 are running 22% behind of year-ago

- USDA said the US spring wheat harvest was 97% complete by Sept 16, behind of average expectation and last-year pace of 98%, but above the 5-year mean (92%)

- USDA said the US winter wheat crop 13% planted as of Sept 16, ahead last-year score (12%), but behind an average of analysts’ expectations and 5-year mean (14%)

- Kazakhstan plans to harvest 20 MMT of grains this year, with 9 MMT available for exports. Last year, Kazakhstan harvested 21.9 MMT of grains. Kazakh farmers have harvested 11.9 MMT of grain as of Sept 19, down from 17.2 MMT a year earlier

- Ukraine's Ag Min said Ukraine exported 7.67 MMT of grain between July 1-Sept 19, 2018/19 vs. 8.54 MMT for the same period last season, including:

  • wheat – 4.32 MMT (4.79 MMT a year ago);
  • corn – 1.36 MMT (1.19 MMT);
  • barley – 1.81 MMT (2.53 MMT)

- Ukraine’s Ag Min estimated the country’s 2018 wheat crop at 24.2 MMT

- Ukrainian grain stocks were at 20.993 MMT as of September 1, down 10% from a year earlier, incl. 14.965 MMT of wheat (16.783 MMT a year ago), 2.98 MMT of barley (3.264 MMT a year ago) and 1.943 MMT of corn (1.608 MMT a year ago). The data does not include grain stored at small farms

- Statistics Canada raised its 2018 crop estimate for all-wheat to 31 MMT from 29 MMT previously, up from 30 MMT in 2017

- ABARES cut its forecast of 2018/19 Australian wheat export to 12.954 MMT from previous estimate of 15.205 MMT in June and below last year’s shipments of 15.492 MMT

- EU this season in period of July 1-Sept 16, 2018/19 exported 2.881 MMT of soft wheat compared to 4.844 MMT a year ago

- Coceral cut its forecast of EU-28’s 2018 soft wheat crop to 129.894 MMT from 138.782 MMT previously, down from 141.896 MMT in 2017

- Japan's August grain imports rose 6.2% on year to 2.096 MMT, incl. 1.696 MMT from the US (up by 12.7%)

CORN

- Oct 2 - Turkey's TMO seeks 246,000 MT of feed barley (41x6 TMT) for Oct 9-30 shipment

- Sept 20 - USDA announced export sales of 160,020 MT of US corn for delivery to Mexico during 2018/19

- Sept 20 - China sold 2,999,788 MT of corn from state reserves, or 75.5% of the offered amount, at average price of 1,559 RMB/mt (228 $/mt)

- Sept 19 - Algeria’s OAIC bought 75,000 MT of feed barley at around 252-255 $/mt c&f for November shipment

- Sept 18 - Jordan has made no purchase in an international tender for 120,000 MT of optional-origin feed barley and retender on Sept 26

- Sept 19 - 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 Sept 26

- Sept 19 - South Korea's KOCOPIA bought 60,000 MT of optional-origin corn, likely from US, at 202.12 $/mt c&f including a surcharge for additional port unloading for Jan 10 arrival

- Sept 19 - South Korea's KFA (Korea Feed Association) bought 63,000 MT of optional-origin corn from CJ International at 200.95 $/mt c&f + 0.80 $/mt surcharge for additional port unloading for Feb 28 arrival

- Sept 18 - South Korea's Nonghyup Feed Inc. (Nofi) bought 66,000 MT of optional-origin corn from Pan Ocean at 202.55 $/mt c&f plus a 1.00 $/mt surcharge for additional port unloading for Feb 25 arrival

- Sept 17 - South Korea's Feed Leaders Committee (FLC) bought around 68,000 MT of US-origin corn at 204.14 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for Feb 20 arrival

- Sept 17 - Taiwan Sugar Corp bought 15,000 MT of US corn for Jan-Feb shipment in a combination of the flat price of 215.72 $/t c&f and at a premium of 186 US cents/bu c&f over the Chicago March 2019 contract (214.95 $/t c&f)

- Weekly US corn export sales data for week ended Sept 13 of 1,393,400 MT, incl. 1,383,700 MT for 2018/19 (topped expectations for 500-1200 TMT). Export commitments for 2018/19 are running 50% ahead of year-ago

- USDA rated 68% of the US corn crop in good-to-excellent condition as of Sept 16, unchanged from prior week and matching analysts’ expectations, also better than last year’s 61%. USDA estimated 9% of the US corn crop was harvested, above last year’s pace (7%) and the 5-year mean (6%), but slightly behind analysts' forecasts of 10%

- Informa Economics projected that US corn plantings would rise to 93.044 million acres in 2019, compared to the USDA's 2018 figure of 89.1 million acres

- Ukrainian farmers harvested 3.2 MMT of corn from 13% of planned area as of Sept 20, yields totalled 5.54 mt/ha

- Ukraine’s Ag Min expects the country’s 2018 corn crop at 29.5 MMT vs. 24.7 MMT in 2017

- Ukraine’s Ag Min estimated the country’s 2018 barley crop at 7.2 MMT vs. 8.3 MMT in 2017

- Indonesia has allowed imports of corn and soybeans from Russia, and until November may also admit Russian rye and peas, according to Rosselkhoznadzor

- ABARES raised its forecast of 2018/19 Australian coarse grain (mainly barley, sorghum) export to 5.598 MMT from previous estimate of 4.667 MMT in June, but below last year’s shipments of 8.827 MMT

- Statistics Canada's model-based principal field crop estimates forecast record production of 14.5 MMT of corn for grain, up from July farm survey's figure of 13.8 MMT and vs. 14.1 MMT in 2017

- Statistics Canada raised its 2018 barley crop estimate to 8.2 MMT from 8 MMT previously, up from 7.9 MMT in 2017

- EU this season in period of July 1-Sept 16, 2018/19 imported 2.991 MMT of corn (maize) vs. 3.27 MMT a year ago

- EU this season in period of July 1-Sept 16, 2018/19 exported 94,429 MT of corn vs. 153,365 MT a year ago

- EU this season in period of July 1-Sept 16, 2018/19 exported 1.295 MMT of barley vs. 1.195 MMT a year ago

- EU this season in period of July 1-Sept 16, 2018/19 exported 515,729 MT of malt in barley equivalent vs. 606,298 MT a year ago

- Coceral lowered its forecast of EU-28’s 2018 corn crop to 58.943 MMT from 60.285 MMT previously, down from 60.667 MMT in 2017

- Coceral cut its forecast of EU-28’s 2018 barley crop to 57.439 MMT from 60.818 MMT previously, down from 58.302 MMT in 2017

- Japan's use of corn in animal feed totalled 48.1% in July 2018, down 0.4% point from prior month but by 1.5% points above year-ago level (46.6% in July 2017). Its use of barley rose to 3.6% up from 3.5% in June but in line with year ago; while wheat usage also lifted by 0.1% point from prior month to 1.8% (1.9% year-ago). Sorghum usage in feed rations kept at 2.3% in July unchanged from June, but up vs. 2.1% a year ago

SOYBEAN

- Sept 19 - China sold 92,988 MT of 2013 soybeans from state reserves, or 100% of the offered amount, at average price of 3,060 RMB/mt (446 $/mt)

- Sept 18 - South Korea's NOFI has purchased about 60,000 MT of optional-origin soymeal from Cargill at 391.80 $/mt c&f + 1.75 $/mt surcharge for additional port unloading for Mar 25 arrival

- Sept 17 - Taiwan Sugar Corp bought 15,000 MT of US soybeans for Jan-Feb shipment at a premium of 126 US cents/bu c&f over the Chicago March 2019 contract (358.25 $/t c&f)

- Weekly US soybeans export sales data for week ended Sept 13 totalled 997,600 MT, incl. 917,600 MT for 2018/19 (topped trade expectations for 400-900 TMT). Export commitments for 2018/19 are running 7% behind of year-ago

- Weekly US soymeal export sales data for week ended Sept 13 of 137,400 MT, incl. 59,600 MT for 2017/18 (topped expectations for -50-+50 TMT) and 77,800 MT for 2018/19, below trade expectations of 100-300 TMT. Export commitments for 2017/18 are running 20% ahead of year-ago

- USDA rated 67% of the country’s soybeans in good or excellent condition as of Sept 16, down 1% point from prior week and below market expectations of 68%, but better than last year’s 59%. USDA estimated 6% of the US soybean crop was harvested, ahead of last year’s pace (4%) and the 5-year mean (3%), also above analysts' forecasts (5%)

- Informa Economics projected a drop in US 2019 soybean plantings to 82.27 million acres, down from the USDA's 2018 figure of 89.6 million

- Japan's August soybean imports rose 14% on year to 287,562 MT, incl. 184,211 MT from the US (up by 35.8%)

- ABARES lowered its forecast of 2018/19 Australian canola export to 1.339 MMT from previous estimate of 2.025 MMT in June and well below the 2.25 MMT in 2017/18

- Statistics Canada raised its 2018 canola crop estimate to 21 MMT from 19.2 MMT previously, slightly down from 21.3 MMT in 2017

- Statistics Canada upped its 2018 soybean crop estimate to 7.5 MMT from 7 MMT previously, down from 7.7 MMT in 2017

- EU this season in period of July 1-Sept 16, 2018/19 imported 2.817 MMT of soybeans vs. 2.543 MMT a year ago

- EU this season in period of July 1-Sept 16, 2018/19 imported 3.58 MMT of soymeal vs. 4.464 MMT a year ago

- EU this season in period of July 1-Sept 16, 2018/19 imported 667,352 MT of rapeseed vs. 733,936 MT a year ago

- EU this season in period of July 1-Sept 16, 2018/19 imported 32,952 MT of sunflowerseed vs. 71,721 MT a year ago

- EU this season in period of July 1-Sept 16, 2018/19 imported 411,159 MT of sunflower meal vs. 633,109 MT a year ago

- EU this season in period of July 1-Sept 16, 2018/19 imported 224,546 MT of sunflower oil vs. 382,197 MT a year ago

- EU this season in period of July 1-Sept 16, 2018/19 imported 1.278 MMT of palm oil vs. 1.457 MMT a year ago

- Coceral upped forecast of 2018 EU-28 soybean crop from 2.828 MMT to 2.891 MMT, up 6.2% from 2.722 MMT in 2017

- Coceral cut its forecast of 2018 EU-28 rapeseed harvest from 20.963 MMT to 19.429 MMT, down from 21.902 MMT in 2017

- Coceral raised forecast of 2018 EU-28 sunflower crop from 8.627 MMT to 10.214 MMT, up 6% from 9.636 MMT in 2017

- Ukrainian farmers harvested 5.8 MMT of sunflower seed from 45% of planned area as of Sept 20, yields totalled 2.13 mt/ha

- Ukrainian farmers harvested 1.0 MMT of soybeans from 26% of planned area as of Sept 20, yields totalled 2.42 mt/ha

- Ukraine’s Ag Min expects the country’s 2018 sunseed crop at 13.4 MMT vs. 12.2 MMT in 2017

- Ukraine’s Ag Min expects the country’s 2018 soybean crop at 3.8 MMT vs. 3.9 MMT in 2017

- Ukrainian sunflower stocks were at 1.835 MMT as of September 1, up 173% from a year earlier (672,000 MT). The data does not include grain stored at small farms

- Ukrainian farmers have completed winter rapeseed sowing for the 2019 harvest at 909,000 hectares (102% of plan) as of Sept 20

- Surveyor Intertek Testing Services estimated Malaysia's September 1-20 palm oil exports at 1,096,297 MT up 79.2% from a month ago

- Surveyor AmSpec Agri Malaysia estimated Malaysia's September 1-20 palm oil exports at 1,051,807 MT up 72.7% from a month ago

- Surveyor SGS estimated Malaysia's September 1-20 palm oil exports at 1,095,554 MT up 75.1% from a month ago

- India imported 1.513 MMT of veg oils (edible & non-edible) in August vs. 1.12 MMT in July, up 11% from 1.361 MMT a year ago

- India imported 649,570 MT of crude palm oil in August vs. 363,799 MT in July and vs. 600,019 MT a year ago

- India imported 258,562 MT of RBD palmolein in August vs. 180,418 MT in July and vs. 264,125 MT a year ago

- India imported 312,049 MT of soybean oil in August vs. 352,325 MT in July and vs. 289,746 MT a year ago

- India imported 208,142 MT of sunflower oil in August vs. 139,174 MT in July and vs. 133,396 MT a year ago

- India's stock of edible oils at various ports and in pipelines as of September 1, 2018 rose to 2.574 MMT from 2.475 MMT a month ago and vs. the last year's 2.497 MMT. India's monthly requirement is about 1.9 MMT