WHEAT

- Jan 8 - Bangladesh seeks 50,000 MT of optional origin milling wheat, 12.5% protein, for shipping within 40 days of the signing of the contract. In the previous tender of Dec 4 Bangladesh bought 50,000 MT of optional-origin milling wheat from Aston at 284.05 $/mt C&F liner out

- Dec 26 - Jordan has made no purchase in an international tender for 120,000 MT of optional-origin hard milling wheat

- US wheat export inspections for week, ending Dec 20, recorded 543,126 MT, within trade expectations (475-700 TMT). Inspections for 2018/19 are running 14.1% behind of year-ago

- Ukraine's Ag Min said Ukraine exported about 21.74 MMT of grain between July 1-Dec 26, 2018/19 vs. 19.88 MMT for the same period of last season, including 10.06 MMT of wheat (11.05 MMT a year ago), 8.16 MMT of corn (5 MMT) and 3.14 MMT of barley (3.78 MMT)

- State Statistics Service of Ukraine estimate the area sown with winter wheat for next year's harvest at 6.45 million hectares, up 2.8% on year

- Rosstat estimated Russia’s 2018 wheat harvest at 72.068 MMT, down 16.2% from last year (86 MMT in 2017)

- European Commission (EC) lowered its forecast of 2018 EU soft wheat crop by 0.69 MMT to 128.49 MMT vs. 142.03 MMT last year. EU's executive kept its forecast of 2018/19 EU soft wheat exports at 20 MMT (21.31 MMT in 2017/18). Soft wheat inventories in the region are forecasted at 11.236 MMT by the end of June 2019 vs. 17.231 MMT estimated for 2017/18

- China's November 2018 wheat imports fell 22.5% on year to 140,000 MT

- Egypt has sufficient strategic wheat reserves to last until the end of April 2019

CORN

- Dec 27 - Jordan seeks 120,000 MT of optional-origin feed barley

- US corn export inspections for week, ending Dec 20, reported 996,098 MT, within market expectations (0.8-1.1 MMT). Inspections for 2018/19 are running 72,3% ahead of year-ago

- China imported 120,000 MT of corn in November, up 438.7% from a year ago

- China's November 2018 barley imports fell 83.5% on year to 110,000 MT

- China imported 10,000 MT of sorghum in November, down 97.6% on year

- EC raised estimate of 2018 EU corn harvest by 4.65 MMT to 67.53 MMT (64.8 MMT in 2017). EC left forecast of EU 2018/19 corn imports at 18.5 MMT vs. 17.86 MMT in 2017/18. Ending stocks are estimated at 22.652 MMT vs. 20.107 MMT current season

- EC lowered its forecast of 2018 EU barley harvest by 0.25 MMT to 55.69 MMT vs. 58.31 MMT in 2017. EC kept forecast of EU 2018/19 barley exports at 8 MMT vs. 8.96 MMT in 2017/18. Barley inventories in the region are forecasted at 5.432 MMT by the end of June 2019 vs. 4.219 MMT estimated for 2017/18

- State Statistics Service of Ukraine estimate the area sown with winter barley for next year's harvest at above 1 million hectares, up 22% on year

SOYBEAN

- US soybean export inspections for week, ending Dec 20, reported 651,181 MT, below trade estimates (800-1200 TMT). Inspections for the 2018/19 marketing year are running 41.8% behind of year-ago

- China's soybean imports from the US dropped to zero in November (4.7 MMT in Nov 2017), while shipments from Brazil nearly doubled from a year ago to 5.07 MMT (2.76 MMT in Nov 2017)

- China imported 4,040 MT of soymeal in November, up 4.7% from a year ago

- China will remove import tariffs on alternative meals, including rapeseed meal, cotton meal, sunflower meal and palm meal, from Jan 1, 2019

- Egypt has sufficient vegetable oils reserves to cover its needs for three months

- EC upped its estimate of 2018 EU soybean harvest from 2.53 MMT to 2.6 MMT, down 2.9% from 2017 (2.67 MMT)

- EC kept its estimate of 2018 EU rapeseed harvest at 19.8 MMT, down 10.1% from 22.02 MMT in 2017

- EC lifted its forecast of 2018 EU sunflower seed crop by 0.21 MMT to 10.17 MMT, down 2.2% from 10.4 MMT in 2017

- State Statistics Service of Ukraine estimate the area sown with winter rapeseed for next year's harvest at 1.29 million hectares, up 28% on year

- Surveyor SGS estimated Malaysia's December 1-25 palm oil exports at 1,078,274 MT up 0.4% from a month ago

- Surveyor AmSpec Agri Malaysia estimated Malaysia's December 1-25 palm oil exports at 973,561 MT down 6.4% from a month ago

- Surveyor Intertek Testing Services estimated Malaysia's December 1-25 palm oil exports at 1,015,601 MT down 2.5% from a month ago

- Indonesia will maintain export tax for crude palm oil at zero for January 2019, as the CPO reference price for January is set at 530 $/mt, below the threshold of 570 $/mt. CPO export tax has stayed at zero since May 2017 due to low prices