WHEAT

- Oct 9 - Bangladesh seeks 50,000 MT of optional origin milling wheat for shipping within 40 days of the signing of the contract

- Oct 2 - Taiwan Flour Millers' Association seeks 110,000 MT of US milling wheat for Nov 18-Dec 17 shipment

- Oct 2 - Bahrain seeks 25,000 MT of optional origin wheat (8,000 MT of hard wheat and 17,000 MT of semi-hard wheat) for Nov shipment

- Sept 27 - Japan seeks 109,150 MT of food wheat for Oct-Dec shipments:

  • 11,370 MT of western white US wheat;
  • 38,100 MT of hard red winter US wheat;
  • 32,050 MT of Canadian western red spring wheat;
  • 27,630 MT of Australian standard white wheat

- Sept 24 - UAE was seeking 60,000 MT of milling wheat for Oct-Nov shipment

- Sept 23 - The lowest offer in Iraq’s tender for 50,000 MT of hard wheat came in at 337 $/mt cif for Canadian wheat from Hanalico. The lowest price offered for US wheat was 337.86 $/mt cif from Ameropa and lowest for Australian wheat was 353.27 $/mt cif from CBH. The tender closed on Sept 23 and offers must remain valid up to Sept 27

- Sept 24 - China auctioned 6,255 MT of imported 2013 wheat from state reserves, or 0.7% of the offered amount at average price of 2,157 RMB/mt (314 $/mt)

- Sept 21 - China auctioned 25,412 MT of imported 2013 wheat from state reserves, or 2.6% of the offered amount at average price of 2,200 RMB/mt (322 $/mt)

- Thai flour millers recently bought 50,000 MT of Australian Premium wheat at about 280 $/mt c&f for arrival in December-January

- US wheat export inspections for week, ending Sept 20, recorded 409,592 MT, within trade expectations (350-500 TMT). Inspections for 2018/19 are running 29.3% behind of year-ago

- USDA said the US winter wheat crop 28% planted as of Sept 23, ahead last-year score (22%), 5-year mean (26%) and an average of analysts’ expectations (25%)

- Russia’s Ag Min said Russia exported 13.205 MMT of grain between July 1-Sept 20, 2018/19, up 23.4% from 10.703 MMT a year ago, including:

  • wheat – 11.155 MMT (up 35.7% from year ago);
  • barley – 1.537 MMT (down by 13.6%);
  • corn – 397,000 MT (down by 38.1%)

- Farmers in Russia harvested 66 MMT of wheat as of Sept 25, down from 82.2 MMT last year, yields totals 2.96 mt/ha (3.34 mt/ha in 2017)

- IKAR lowered its 2018 Russian wheat crop outlook to 69.2 MMT from 69.6 MMT previously

- Sovecon cut Russia's 2018/19 wheat export forecast to 33 MMT from 33.9 MMT earlier

- Russia has 3,502,800 MT of grain in its federal intervention fund as of Sept 21 vs. 3,506,900 MT week ago and 3,977,800 MT year ago

- EU this season in period of July 1-Sept 23, 2018/19 exported 3.795 MMT of soft wheat compared to 5.316 MMT a year ago

- Serbia's 2018 wheat production was estimated at 2.942 MMT, up 29.3% from last year

- Indonesia's imports of wheat for flour are expected to reach 8.5 MMT this year, up from 8 MMT in 2017, despite increasing prices of the grain

- China imported 140,000 MT of wheat in August, down 51.6% from a year ago. China's Jan-Aug wheat imports fell 29% on year to 2.23 MMT

CORN

- Sept 25 - USDA announced export sales of 239,630 MT of US corn for delivery to Mexico during 2018/19

- Sept 21 - USDA announced export sales of 121,700 MT of US corn for delivery to unknown destinations during 2018/19

- US corn export inspections for week, ending Sept 20, reported 1,263,310 MT, topped market expectations (0.85-1.15 MMT). Inspections for 2018/19 are running 38.8% ahead of year-ago

- USDA rated 69% of the US corn crop in good-to-excellent condition as of Sept 23, up from prior week and ahead analysts’ expectations (68%), also better than last year’s 61%. USDA estimated 16% of the US corn crop was harvested, matching analysts' forecasts and above last year’s pace (10%) and the 5-year mean (11%)

- EU this season in period of July 1-Sept 23, 2018/19 imported 3.325 MMT of corn (maize) vs. 3.471 MMT a year ago

- EU this season in period of July 1-Sept 23, 2018/19 exported 120,779 MT of corn vs. 190,508 MT a year ago

- EU this season in period of July 1-Sept 23, 2018/19 exported 1.298 MMT of barley vs. 1.341 MMT a year ago

- EU this season in period of July 1-Sept 23, 2018/19 exported 545,080 MT of malt in barley equivalent vs. 676,675 MT a year ago

- Serbia expects to harvest 6.965 MMT of corn this year, up 73.3% from last year

- Sept 21 - China sold 773,429 MT of corn from state reserves, or 19.5% of the offered amount, at average price of 1,461 RMB/mt (214 $/mt)

- China imported 330,000 MT of corn in August, down 13.5% from a year ago. Corn imports in the first eight months this year rose 41% to 2.87 MMT

- China's August 2018 barley imports fell 29.1% on year to 550,000 MT. Barley imports for the first 7 months of the year were at 5.55 MMT, down 8%

- China imported 60,000 MT of sorghum in August, down 78.5% on year. Sorghum imports for the first 8 months of the year were at 3.53 MMT, down 8% from the same period of 2017

- Farmers in Russia harvested 16.4 MMT of barley as of Sept 25, down from 20.4 MMT last year, yields totals 2.28 mt/ha (2.81 mt/ha in 2017)

- Farmers in Russia harvested 2.7 MMT of corn as of Sept 25, down from 3.3 MMT last year, yields totals 3.58 mt/ha (4.82 mt/ha in 2017)

SOYBEAN

- Sept 25 - Egypt’s GASC bought 30,000 MT of soybean oil at 698.7 $/mt c&f from Hakan Agro, also 21,500 MT of sunflower oil from Aston (11,500 MT at 719 $/mt c&f) and ADM (10,000 MT at 719 $/mt c&f) with facilities 180 days for Oct 25-Nov 10 arrival

- Sept 24 - USDA announced export sales of 162,000 MT of US soybeans for delivery to unknown destinations during 2018/19

- Sept 21 - USDA announced export sales of 100,000 MT of US soybean cake and meal for delivery to unknown destinations during 2018/19

- US soybean export inspections for week, ending Sept 20, reported 693,890 MT, within trade estimates (550-900 TMT). Inspections for the 2018/19 marketing year are running 24.8% behind of year-ago

- USDA rated 68% of the country’s soybeans in good or excellent condition as of Sept 23, up 1% point from prior week and above market expectations of 67%, also better than last year’s 60%. USDA estimated 14% of the US soybean crop was harvested, ahead of last year’s pace (9%) and the 5-year mean (8%), also above analysts' forecasts (13%)

- EU this season in period of July 1-Sept 23, 2018/19 imported 2.941 MMT of soybeans vs. 2.839 MMT a year ago

- EU this season in period of July 1-Sept 23, 2018/19 imported 3.757 MMT of soymeal vs. 4.775 MMT a year ago

- EU this season in period of July 1-Sept 23, 2018/19 imported 722,343 MT of rapeseed vs. 764,646 MT a year ago

- EU this season in period of July 1-Sept 23, 2018/19 imported 38,831 MT of sunflowerseed vs. 87,206 MT a year ago

- EU this season in period of July 1-Sept 23, 2018/19 imported 415,974 MT of sunflower meal vs. 633,307 MT a year ago

- EU this season in period of July 1-Sept 23, 2018/19 imported 228,240 MT of sunflower oil vs. 391,195 MT a year ago

- EU this season in period of July 1-Sept 23, 2018/19 imported 1.342 MMT of palm oil vs. 1.595 MMT a year ago

- Farmers in Russia harvested 3.3 MMT of sunflowerseed as of Sept 17, up from 2.8 MMT last year, yields totals 1.79 mt/ha (2.07 mt/ha in 2017)

- Farmers in Russia harvested 1.7 MMT of soybeans as of Sept 25, up from 1.1 MMT last year, yields totals 1.81 mt/ha (1.72 mt/ha in 2017)

- Farmers in Russia harvested 1.4 MMT of rapeseed as of Sept 25, up from 1.2 MMT last year, yields totals 1.5 mt/ha (1.81 mt/ha in 2017)

- Russia produced 2.9 MMT of sunflower oil during first eight months of 2018, down 1.9% from the same period last year

- Ukrainian August sunflower oil production was reported at 84 TMT, down 57.9% from prior month and down 51.3% from last year. Jan-Aug 2018 sunoil production totalled 2.8 MMT, down 17.5% from the same period in 2017

- Surveyor Intertek Testing Services estimated Malaysia's September 1-25 palm oil exports at 1,370,897 MT up 64.2% from a month ago

- Surveyor AmSpec Agri Malaysia estimated Malaysia's September 1-25 palm oil exports at 1,326,748 MT up 61.5% from a month ago

- Surveyor SGS estimated Malaysia's September 1-25 palm oil exports at 1,359,870 MT up 72.8% from a month ago

- Malaysia will maintain its crude palm oil export tax at 0% in October, the same rate as the previous month. Malaysia calculated a reference price of 2,150.69 MYR/mt for October