WHEAT

- Feb 26 - Taiwan Flour Millers' Association seeks 110,000 MT of US milling wheat for Apr 13-May 11 shipment

- Feb 21 - South Korea's Nonghyup Feed Inc. (Nofi) bought 60,000 MT of optional-origin feed wheat from Bunge at 253.6 $/mt c&f plus a 1.25 $/mt surcharge for additional port unloading for July 10 arrival

- Importers in Thailand purchased about 100,000 МТ of new crop feed wheat from the Black Sea region/east Europe at 214.90 $/mt c&f liner out for July-August shipment

- USDA projected US all-wheat plantings for 2019 at 47.0 million acres, down from 47.8 million a year earlier, after winter wheat seedings fell to a 110-year low

- Russia’s Ag Min said Russia exported 33.3 MMT of grain between July 1-Feb 15, 2018/19, up 1.8% from 32.7 MMT a year ago

- Russia had 2,566,900 MT of grain in its federal intervention fund as of Feb 15 vs. 2,712,200 MT a week ago and 3,966,700 MT a year ago

- International Grains Council (IGC) lowered its estimate for global wheat production in 2018/19 by 1.9 MMT to 735.2 MMT (763.6 MMT in 2017/18), mostly reflecting downward revise this month for China. Forecast of ending stocks was lowered by 0.4 MMT to 262.3 MMT (270.7 MMT in 2017/18)

CORN

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

- Feb 22 - Tunisia's state grains agency seeks 75,000 MT of optional-origin feed barley for April 25-July 5 shipment

- Feb 20 - Algeria’s OAIC bought 120,000 MT of feed barley at around 219-220 $/mt c&f for March 16-31 shipment

- Feb 21 - South Korea's Major Feedmill Group (MFG) in a private deal bought 66,000 MT of optional-origin corn from Cargill at 203.99 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for July 10 arrival

- Feb 20 - South Korea's Nonghyup Feed Inc. (NOFI) bought 69,000 MT of worldwide-origin corn from Olam at 202.23 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for July 5 arrival

- USDA forecasted US corn plantings for 2019 at 92.0 million acres, up from 89.1 million last year

- IGC upped its estimate of the global corn crop in 2018/19 by 33.1 MMT to 1.109 billion tones (1.09 BMT in 2017/18), driven by a sharp upward revision for China's crop (to 257.3 MMT from 219.9 MMT). IGC upped its forecast for 2018/19 global corn carryover by 26.5 MMT from January to 297.4 MMT vs. 335.8 MMT in 2017/18

SOYBEAN

- Feb 21 - Egypt’s GASC bought 16,500 MT of soybean oil at 12,655 EGP/mt (720 $/mt) from Watanya/Cargill and 30,000 MT of sunflower oil from Glencore at 698 $/mt c&f for April 5-20 arrival

- USDA forecasted US soybean plantings for 2019 at 85.0 million acres, down from 89.2 million last year

- Agroconsult lowered its forecast for Brazil's soybean production to 116.4 MMT, compared to the prior forecast earlier this month of 116.5 MMT. They cut its forecast of soybean exports in 2019 to 70.2 MMT from previous forecast of 73 MMT

- IGC cut its forecast for 2018/19 global soybean production by 4.2 MMT to 358.4 MMT (340.6 MMT in 2017/18). IGC lowered its estimate of global 2018/19 soybean carryover to 48.9 MMT (43.4 MMT in 2017/18), down by 5 MMT from prior forecast