WHEAT

- Feb 28 - Bangladesh seeks 50,000 MT of optional origin milling wheat, 12.5% protein, for shipping within 40 days of the signing of the contract

- Feb 14 - Algeria's OAIC seeks at least 50,000 MT of optional-origin soft milling wheat for March 16- April 15 shipment. Offers must remain valid until Feb 15

- Feb 14 - Japan seeks 113,138 MT of food wheat for Mar-Apr shipments:

  • 6,550 MT of western white US wheat;
  • 17,310 MT of hard red winter US wheat;
  • 24,103 MT of dark northern spring US wheat;
  • 36,740 MT of Canadian western red spring wheat;
  • 28,435 MT of Australian standard white wheat

- Feb 13 - Japan bought 9,776 MT of feed grain (9,576 MT of wheat and 200 MT of barley) for July 25 arrival via SBS-tender. New SBS tender for 120,000 MT of feed wheat and 200,000 MT of feed barley will be held on Feb 20

- Feb 13 - Tunisia's state grains agency bought 92,000 MT of optional-origin durum wheat and 100,000 MT of soft wheat for March 15-April 25 shipment:

  • 25,000 MT of soft milling wheat from Lecureur at 253.47 $/mt c&f;
  • 25,000 MT of soft milling wheat from Soufflet at 254.93 $/mt c&f;
  • 25,000 MT of soft milling wheat from Soufflet at 255.33 $/mt c&f;
  • 25,000 MT of soft milling wheat from Soufflet at 255.63 $/mt c&f;
  • 25,000 MT of durum wheat from Glencore at 290.29 $/mt c&f;
  • 17,000 MT of durum wheat from Company Durum at 291.99 $/mt c&f;
  • 25,000 MT of durum wheat from Glencore at 291.73 $/mt c&f;
  • 25,000 MT of durum wheat from Glencore at 293.28 $/mt c&f

- Feb 12 - Jordan has made no purchase in an international tender for 120,000 MT of optional-origin hard milling wheat and re-tender on Feb 19

- Feb 11 - USDA announced export sales of 128,000 MT of US hard red winter wheat for delivery to Nigeria during 2018/19

- Feb 11 - USDA announced export sales of 120,000 MT of US soft red winter wheat for delivery to Egypt during 2018/19

- Feb 11 - Jordan Silos & Supply General Company has made no purchase in an international tender for 25,000 MT of optional-origin milling wheat

- Feb 10 - The lowest offer in Bangladesh’s tender for 50,000 MT of wheat came in at 294.95 $/mt c&f liner out from Agrocorp. Other offers were: Aston – 296.49 $/mt, J.K. International – 297.10 $/mt, Swiss Singapore Overseas – 299.04 $/mt

- Indonesian buyers in the past week bought about 60,000 MT of US soft red winter wheat at 265 $/mt c&f

- Feb 8 - Egypt's (GASC) bought 300,000 MT of wheat from the US (120 TMT), France (120 TMT) and Ukraine (60 TMT) for March 21-31 shipment:

  • 120,000 MT (2x60 TMT) of US soft red wheat from Cargill at 260.00 $/mt c&f (234.47 fob+25.53 freight);
  • 60,000 MT of French wheat from Glencore at 260.05 $/mt c&f (244.5 fob+15.55 freight);
  • 60,000 MT of Ukrainian wheat from Louis Dreyfus at 261.20 $/mt c&f (247.9 fob+13.3 freight);
  • 60,000 MT of French wheat from Glencore at 261.65 $/mt c&f (244.5 fob+17.15 freight)

- Egypt plans to allow the imports of Serbian wheat into the country

- After the last tender Egypt has enough strategic wheat reserves to cover its needs for more than five months

- US wheat export inspections for week, ending Feb 7, recorded 562,307 MT, within trade expectations (400-600 TMT). Inspections for 2018/19 are running 10.2% behind of year-ago

- Ukraine's Ag Min said Ukraine exported about 30.17 MMT of grain between July 1-Feb 13, 2018/19 vs. 24.88 MMT for the same period of last season, including 11.9 MMT of wheat (12.6 MMT a year ago) and 14.3 MMT of corn (8.3 MMT)

- Ukraine exported 1.012 MMT of wheat in January 2019, up 16% on year (873 TMT in Jan 2018)

- EU this season in period of July 1-Feb 10, 2018/19 exported 10.119 MMT of soft wheat compared to 13.03 MMT a year ago

- Russia is considering sending 50,000 MT of wheat in humanitarian aid to North Korea

- Russia's agriculture ministry will set up a new grain exporters' union to better understand the needs of the market. The union will be created by around April

- Russia’s Ag Min said Russia exported 31.8 MMT of grain between July 1-Jan 31, 2018/19, up 3.8% from 30.7 MMT a year ago

- Russia had 2,825,100 MT of grain in its federal intervention fund as of Feb 2 vs. 2,835,600 MT a week ago and 3,966,700 MT a year ago

- France's farm ministry slightly raised its estimate of the country's 2018 soft wheat crop to 34.01 MMT from 33.998 MMT forecasted in Dec, down 7% from last year (36.559 MMT in 2017) and 4.7% below the five-year average. The area sown with winter soft wheat for the 2019 harvest was estimated at 5.003 million hectares, up 2.9% from last year's crop

- Conab upped its estimate for 2018 wheat production to 5.631 MMT from 5.428 MMT in January and compared to 4.262 MMT last year. They raised its estimate of 2018 wheat imports by 300,000 MT to 6.7 MMT (6.387 MMT in 2017)

CORN

- Feb 13 - Tunisia's state grains agency bought 75,000 MT of optional-origin feed barley for Mar 15-Apr 25 shipment:

  • 25,000 MT of feed barley from Glencore at 230.69 $/mt c&f;
  • 25,000 MT of feed barley from Soufflet at 229.54 $/mt c&f;
  • 25,000 MT of feed barley from Glencore at 231.19 $/mt c&f

- Feb 13 - Jordan has made no purchase in an international tender for 120,000 MT of optional-origin feed barley and may re-tender on Feb 20

- Feb 12 - South Korea's Nonghyup Feed Inc. (NOFI) bought 138,000 MT of worldwide-origin corn from Cargill in two consignments: 69 TMT at 206.96 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for June 5 arrival and 69 TMT at 205.96 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for June 15 arrival

- Feb 12 - South Korea's Feed Leaders Committee (FLC) bought around 65,000 MT of corn, likely from South America, from Olam at 205.74 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for June 10 arrival

- Feb 12 - USDA announced export sales of 122,376 MT of US corn for delivery to unknown destinations during 2018/19

- Feb 8 - South Korea’s KFA (Korean Feed Association) rejected all offers in tender for up to 65,000 MT of optional-origin corn for May 30 arrival, citing high prices, with the lowest offer coming in at 209.99 $/mt c&f plus a 1.25 $/mt surcharge for additional port unloading for US corn

- US corn export inspections for week, ending Feb 7, reported 743,536 MT, below market expectations (850-1150 TMT). Inspections for 2018/19 are running 47.5% ahead of year-ago

- EU this season in period of July 1-Feb 10, 2018/19 imported 15.058 MMT of corn (maize) vs. 10.53 MMT a year ago

- EU this season in period of July 1-Feb 10, 2018/19 exported 1.211 MMT of corn vs. 748,055 MT a year ago

- EU this season in period of July 1-Feb 10, 2018/19 exported 2.991 MMT of barley vs. 3.636 MMT a year ago

- EU this season in period of July 1-Feb 10, 2018/19 exported 1.684 MMT of malt in barley equivalent vs. 1.756 MMT a year ago

- Conab lifted its forecast of Brazil's 2018/19 corn crop to 91.652 MMT from 91.19 MMT in Jan (80.71 MMT last season) with second crop at 65.198 MMT (53.899 MMT in 2017/18). Conab expects Brazil to export 31 MMT of corn (24.767 MMT in 2017/18). Ending stocks are forecasted to decline to 12.973 MMT from 14.321 MT in 2017/18

- Ukraine exported 3.378 MMT of corn in Jan 2019, up 62.3% from last year (2.082 MMT in Jan 2018)

- Ukraine exported 120 TMT of barley in Jan 2019, down 14.6% on year (141 TMT in Jan 2018)

- The Crop Estimates Committee (CEC) in its final figures lowered South Africa's 2018 maize output to 12.51 MMT from 12.931 MMT previously (16.82 MMT in 2017)

- France's farm ministry left virtually unchanged its estimate of the 2019 winter barley area at 1.321 mln ha, up 2.9% from 2018

SOYBEAN

- Feb 11 - USDA announced export sales of 120,000 MT of US soybean meal for delivery to Ecuador during 2018/19 (60 TMT) and 2019/20 (60 TMT)

- US soybean export inspections for week, ending Feb 7, reported 1,063,973 MT, within trade estimates (0.6-1.2 MMT). Inspections for the 2018/19 marketing year are running 37.2% behind of year-ago

- Conab cut forecast of Brazil's 2018/19 soy output by 3.456 MMT to 115.344 MMT, below the record previous crop of 119.282 MMT. Conab lowered its forecast of Brazil soybean exports by 3.5 MMT to 71.5 MMT of soybeans (83.605 MMT in 2017/18). Ending stocks are forecasted to rise to 990,000 MT from 746,300 MT in 2017/18

- AgRural cut its forecast for Brazil's 2018/19 soybean crop by 4.4 MMT to 112.5 MMT

- India’s soybean output is likely to rise by a 38% to 11.48 MMT this year compared to 8.36 MMT in the previous year

- EU this season in period of July 1-Feb 10, 2018/19 imported 8.801 MMT of soybeans vs. 7.966 MMT a year ago

- EU this season in period of July 1-Feb 10, 2018/19 imported 10.693 MMT of soymeal vs. 11.915 MMT a year ago

- EU this season in period of July 1-Feb 10, 2018/19 imported 2.772 MMT of rapeseed vs. 2.626 MMT a year ago

- EU this season in period of July 1-Feb 10, 2018/19 imported 303,412 MT of sunflowerseed vs. 338,129 MT a year ago

- EU this season in period of July 1-Feb 10, 2018/19 imported 1.87 MMT of sunflower meal vs. 2.211 MMT a year ago

- EU this season in period of July 1-Feb 10, 2018/19 imported 909,591 MT of sunflower oil vs. 1.082 MMT a year ago

- EU this season in period of July 1-Feb 10, 2018/19 imported 3.708 MMT of palm oil vs. 3.984 MMT a year ago

- Ukraine exported 150 TMT of rapeseed in Jan 2019, up 91% on year (79 TMT in Jan 2018)

- Ukraine exported 309 TMT of soybeans in Jan 2019, down 26.5% on year (421 TMT in Jan 2018)

- Ukraine exported 496 TMT of sunflower oil in Jan 2019, up 18% on year (420 TMT in Jan 2018)

- France's farm ministry raised its estimate for 2018 French rapeseed output to 4.95 MMT from 4.907 MMT in Dec, down 7.5% from last year (5.354 MMT in 2017) and 2.6% below the five-year average. The ministry raised estimate for the area sown with winter rapeseed for the 2019 harvest to 1.342 million hectares from 1.228 mln ha in Dec, down 16.8% from last year

- Surveyor Intertek Testing Services estimated Malaysia's February 1-10 palm oil exports at 393,353 MT down 13% from a month ago

- Surveyor AmSpec Agri Malaysia estimated Malaysia's February 1-10 palm oil exports at 406,829 MT down 11.2% from a month ago

- Surveyor SGS estimated Malaysia's February 1-10 palm oil exports at 392,484 MT down 15.8% from a month ago

- MPOB estimated Malaysian crude palm oil production in January at 1.737 MMT, ahead average expectation of 1.611 MMT but down 3.9% from 1.808 MMT in December. Malaysia's palm oil stocks at end-January declined for the first time in eight months, falling 6.7% from the previous month to 3.001 MMT, also below the average market expectation of 3.065 MMT. Malaysian January palm oil exports rose by 21.2% to 1.676 MMT, also above average expectation of 1.555 MMT