WHEAT

- Oct 18 - Japan seeks 127,688 MT of food wheat for Nov-Jan shipments:

  • 13,055 MT of western white US wheat;
  • 46,585 MT of hard red winter US wheat;
  • 35,088 MT of Canadian western red spring wheat
  • 32,960 MT of Australian standard white wheat

- Oct 17 - Jordan bought 60,000 MT of optional-origin hard milling wheat from CHS at 263 $/mt c&f for second half of December shipment

- Oct 17 - South Korea's Nonghyup Feed Inc. (Nofi) bought 60,000 MT of optional-origin feed wheat at 245 $/mt c&f plus a 1.25 $/mt surcharge for additional port unloading for Feb 15 arrival

- Feed mills in the Philippines bought 55,000 MT of Australian feed wheat last week at 283 $/mt c&f for Jan-Feb shipment

- Oct 17 - China sold 162,422 MT of wheat from state reserves or 7.4% of the offered amount at auction at average price of 2,418 RMB/mt (349 $/mt)

- Oct 17 - China auctioned 4,243 MT of imported 2013 wheat from state reserves, or 0.5% of the offered amount at average price of 2,205 RMB/mt (318 $/mt)

- Oct 16 - China auctioned 54,434 MT of imported wheat from state reserves, or 6% of the offered amount at average price of 2,100 RMB/mt (304 $/mt)

- US wheat export inspections for week, ending Oct 11, recorded 450,980 MT, within trade expectations (300-500 TMT). Inspections for 2018/19 are running 26.6% behind of year-ago

- USDA said the US winter wheat crop 65% planted as of Oct 14, matching average of analysts’ expectations, above last-year score (58%) but behind 5-year mean (67%)

- Egypt is studying the possibility of hedging against the rise in global prices of wheat. Egypt has enough strategic wheat reserves to cover 4 months' needs

- EU this season in period of July 1-Oct 14, 2018/19 exported 4.793 MMT of soft wheat compared to 6.24 MMT a year ago

- Czech Statistics Bureau lowered its wheat production estimate to 4.373 MMT from 4.514 MMT previously, down from 4.718 MMT in 2017

- Farmers in Russia harvested 72.6 MMT of wheat as of Oct 16, down from 87.1 MMT last year, yields totals 2.78 mt/ha (3.23 mt/ha in 2017)

- Russian farmers have planted 16.8 million hectares (97.8% of the planned area) of winter crops as of Oct 16, up vs. 15.8 mln ha a year ago

- Ukraine's Ag Min said Ukraine exported 11.1 MMT of grain between July 1-Oct 17, 2018/19 vs. around 13 MMT for the same period last season, including 6.7 MMT of wheat, 1.9 MMT of corn and 2.3 MMT of barley

- Ukrainian farms have sown as of Oct 16 a total of 6.43 million hectares of winter grains for the 2019 harvest, or 89% of the expected area of 7.2 million, incl. 5.6 million hectares of winter wheat and 713,000 hectares of winter barley

CORN

- Oct 17 - Israeli group seeks 60,000 MT of optional-origin corn for Jan 1-Feb 5 shipment

- Oct 17 - 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 Oct 24

- Oct 16 - Jordan bought 60,000 MT of optional-origin feed barley from GTCS at 272 $/mt c&f for Jan 16-31 shipment

- US corn export inspections for week, ending Oct 11, reported 996,643 MT, below market expectations (1.2-1.5 MMT). Inspections for 2018/19 are running 74.7% ahead of year-ago

- USDA rated 68% of the US corn crop in good-to-excellent condition as of Oct 14, unchanged from prior week, ahead analysts’ expectations of 67% and better than last year’s 65%. USDA estimated 39% of the US corn crop was harvested, behind analysts' forecasts of 40%, but above last year’s pace (27%) and the 5-year mean (35%)

- Ukrainian farmers harvested 14.4 MMT of corn from 49% of planned area as of Oct 16, yields totalled 6.46 mt/ha

- Farmers in Russia harvested 17.5 MMT of barley as of Oct 16, down from 21.4 MMT last year, yields totals 2.24 mt/ha (2.79 mt/ha in 2017)

- Farmers in Russia harvested 6.5 MMT of corn as of Oct 16, up from 6.3 MMT last year, yields totals 4.48 mt/ha (4.72 mt/ha in 2017)

- EU this season in period of July 1-Oct 14, 2018/19 imported 4.771 MMT of corn (maize) vs. 4.326 MMT a year ago

- EU this season in period of July 1-Oct 14, 2018/19 exported 248,835 MT of corn vs. 299,306 MT a year ago

- EU this season in period of July 1-Oct 14, 2018/19 exported 1.591 MMT of barley vs. 1.737 MMT a year ago

- EU this season in period of July 1-Oct 14, 2018/19 exported 730,952 MT of malt in barley equivalent vs. 828,056 MT a year ago

- Czech Statistics Bureau lowered its barley production estimate to 1.573 MMT from 1.635 MMT previously, down from 1.712 MMT in 2017

- China reported a new African swine fever outbreak in Datong city in Shanxi province. China has banned imports of pigs and pork products from Moldova to prevent spread of African swine fever

SOYBEAN

- Oct 17 - South Korea's NOFI has purchased about 20,000 MT of feed ingredients: 14,000 MT of palm kernel expellers at 148-148.7 $/mt c&f and 6,000 MT of copra meal from South East Asia

- Oct 17 - China sold 97,292 MT of 2013 soybeans from state reserves, or 96.1% of the offered amount, at average price of 3,044 RMB/mt (440 $/mt)

- Oct 16 - Argentina registered for export 392,115 MT of soymeal, 329,950 MT of soybeans and 42,710 MT of soybean oil

- US soybean export inspections for week, ending Oct 11, reported 1,157,787 MT, topped trade estimates (500-700 TMT). Inspections for the 2018/19 marketing year are running 34.9% behind of year-ago

- USDA rated 66% of the country’s soybeans in good or excellent condition as of Oct 14, down 2% points from prior week, behind market expectations of 67%, but better than last year’s 61%. USDA estimated 38% of the US soybean crop was harvested, behind analysts' forecasts (40%), also below last year’s pace (47%) and the 5-year mean (53%)

- NOPA said its members crushed a bigger-than-expected 160.779 million bushels of soybeans during September (157.406 million bu – average expectations). NOPA processors crashed 158.885 mln bu in August and 136.419 mln bu a year ago. Soyoil stocks fell to 1.531 billion lbs as of Sept 30 from 1.623 a month earlier, below the average expectations of 1.579 billion lbs but above last year’s level of 1.302 billion lbs. Soymeal exports rose to 785,267 tons from 761,899 tons in August and vs. 487,397 tons a year-ago

- EU this season in period of July 1-Oct 14, 2018/19 imported 3.722 MMT of soybeans vs. 3.313 MMT a year ago

- EU this season in period of July 1-Oct 14, 2018/19 imported 4.876 MMT of soymeal vs. 5.968 MMT a year ago

- EU this season in period of July 1-Oct 14, 2018/19 imported 1.172 MMT of rapeseed vs. 1.25 MMT a year ago

- EU this season in period of July 1-Oct 14, 2018/19 imported 71,623 MT of sunflowerseed vs. 122,229 MT a year ago

- EU this season in period of July 1-Oct 14, 2018/19 imported 574,249 MT of sunflower meal vs. 836,488 MT a year ago

- EU this season in period of July 1-Oct 14, 2018/19 imported 277,980 MT of sunflower oil vs. 492,482 MT a year ago

- EU this season in period of July 1-Oct 14, 2018/19 imported 1.711 MMT of palm oil vs. 1.909 MMT a year ago

- Czech Statistics Bureau trimmed its rapeseed production estimate to 1.383 MMT from 1.407 MMT previously, up from 1.146 MMT in 2017

- Ukrainian farmers harvested 12.1 MMT of sunflower seed from 90% of planned area as of Oct 16, yields totalled 2.22 mt/ha

- Ukrainian farmers harvested 3.3 MMT of soybeans from 76% of planned area as of Oct 16, yields totalled 2.53 mt/ha

- Farmers in Russia harvested 8 MMT of sunflowerseed as of Oct 16, up from 6 MMT last year, yields totals 1.64 mt/ha (1.66 mt/ha in 2017)

- Farmers in Russia harvested 2.9 MMT of soybeans as of Oct 16, up from 2.1 MMT last year, yields totals 1.66 mt/ha (1.63 mt/ha in 2017)

- Farmers in Russia harvested 2 MMT of rapeseed as of Oct 16, up from 1.5 MMT last year, yields totals 1.44 mt/ha (1.73 mt/ha in 2017)

- Malaysia will maintain its crude palm oil export tax at 0% in November, the same rate as the previous month. Malaysia calculated a reference price of 2,073.97 MYR/mt for November

- Surveyor SGS estimated Malaysia's October 1-15 palm oil exports at 552,076 MT down 29% from a month ago

- India imported 1.491 MMT of veg oils (edible & non-edible) in September vs. 1.513 MMT in August, down 2% from 1.519 MMT a year ago

- India imported 665,110 MT of crude palm oil in September vs. 649,570 MT in August and vs. 651,630 MT a year ago

- India imported 244,577 MT of RBD palmolein in September vs. 258,562 MT in August and vs. 261,907 MT a year ago

- India imported 341,402 MT of soybean oil in September vs. 312,049 MT in August and vs. 357,027 MT a year ago

- India imported 149,930 MT of sunflower oil in September vs. 208,142 MT in August and vs. 197,128 MT a year ago

- India's stock of edible oils at various ports and in pipelines as of October 1, 2018 decrease to 2.553 MMT from 2.574 MMT a month ago and vs. the last year's 2.589 MMT. India's monthly requirement is about 1.9 MMT

- Egypt has sufficient vegetable oils reserves to cover 3.2 months' needs