WHEAT

- Feb 7 - Japan seeks 131,165 MT of food wheat for Feb-Mar shipments:

  • 8,219 MT of western white US wheat;
  • 26,990 MT of hard red winter US wheat;
  • 24,283 MT of dark northern spring US wheat;
  • 36,728 MT of Canadian western red spring wheat;
  • 34,945 MT of Australian standard white wheat

- Feb 5 - Jordan bought 60,000 MT of optional-origin hard milling wheat from CHS at 239 $/mt c&f for first half of August shipment

- Statistics Canada (StatsCan) said Canadian wheat inventories as of Dec 31, 2018 decreased 0.2% on year to 23.23 MMT, below an average trade estimate of 23.4 MMT

CORN

- Statistics Canada (StatsCan) said Canadian corn inventories as of Dec 31, 2018 fell 7.4% on year to 11.5 MMT

- Statistics Canada (StatsCan) said Canadian barley inventories as of Dec 31, 2018 fell 18.2% on year to 4.94 MMT, below the range of pre-report estimates (5.2-6 MMT). Also stocks of oats were down 19.7% year over year to 2.32 MMT, below an average trade estimate of 2.6 MMT

SOYBEAN

- Feb 5 - USDA announced export sales of 2.877 MMT of US soybeans for delivery during 2018/19 to China (2.603 MMT) and to unknown destinations (274 TMT)

- USDA estimated US November soybean crush for crude oil at 5.343 million short tons, a 3% decrease from October, but above an average market expectation of 5.309 mln tons and up from last year level (5.2 mln tons in November 2017). Crude soyoil stocks fell to 1.582 billion lbs as of November 30 from 1.701 in October, but above the 1.38 bln lbs a year ago, while refined oil stocks were at 317.91 million lbs as of Nov 30 vs. 346.867 in Oct and 311.358 in Nov 2017. November US soy cake and meal stocks were at 294,996 tons vs. 399,414 in Oct and vs. 354,998 tons a year-ago

- Statistics Canada (StatsCan) said Canadian soybean inventories as of Dec 31, 2018 fell 8.5% on year to 3.99 MMT

- Statistics Canada (StatsCan) said Canadian canola stocks as of Dec 31, 2018 rose to a record-high 14.55 MMT, a 4.9% increase from the previous year, but below an average estimate of 14.7 MMT