WHEAT

- April 24 - Algeria's OAIC seeks at least 50,000 MT of optional-origin durum wheat for June shipment. Offers must remain valid until April 25

- April 23 - Taiwan Flour Millers' Association bought 109,175 MT of US milling wheat in two consignments:

  • The first consignment has an additional charge of 27.61 $/mt for ocean shipping from the US Pacific North West coast to Taiwan for shipment between June 7-21:
    • 29,250 MT of dark northern spring wheat (14.5% protein) from Cargill at 230.81 $/mt fob;
    • 18,400 MT of hard red winter wheat (12.5% protein) from United Grain Corp at 220.41 $/mt fob;
    • 6,525 MT of soft white wheat (9% protein) from Cargill at 218.60 $/mt fob.
  • The second consignment was bought from United Grain and has an additional charge of 27.72 $/mt for ocean shipping from the US Pacific North West coast to Taiwan for shipment between June 22-July 6:
    • 30,260 MT of dark northern spring wheat (14.5% protein) at 229.65 $/mt fob;
    • 17,935 MT of hard red winter wheat (12.5% protein) at 216.71 $/mt fob;
    • 6,805 MT of soft white wheat (9% protein) at 219.30 $/mt fob

- April 23 - 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 April 18, recorded 811,130 MT, topped trade expectations (350-600 TMT). Inspections for 2018/19 are running 3.5% behind of year-ago

- USDA reports 62% of the winter wheat crop is in good to excellent condition as of April 21, up 2% points from prior week and ahead of analyst expectations (60%), well above last year's 31%. USDA said spring wheat was just 5% planted, well behind the five-year average of 22% and below an average of analysts' forecasts for 7%

- EU this season in period of July 1-April 21, 2018/19 exported 16.546 MMT of soft wheat compared to 16.845 MMT a year ago

- Sovecon lowered its forecast of Russian 2018/19 wheat exports from 35.1 to 34.9 MMT

- Olam International will buy Dangote Flour Mills Plc, as it looks to bolster its position in Nigeria's wheat market

CORN

- US corn export inspections for week, ending April 18, reported 1,353,114 MT, topped trade estimates (0.8-1.1 MMT). Inspections for 2018/19 are running 11.6% ahead of year-ago

- USDA said the US corn crop was 6% planted by April 21, above last-year’s level of 5%, but behind an average of expectations (7%) and the five-year average (12%)

- China's Starch Industry Association expect corn imports in 2019 to increase significantly due to a gap between domestic output and demand

- Cargill Inc will invest $112 million to expand capacity at its corn processing facility in China's northeastern province of Jilin

- Ukraine's Ag Min said Ukraine exported about 40.7 MMT of grain between July 1-Apr 22, 2018/19 vs. 32.96 MMT for the same period of last season, including 14.06 MMT of wheat (14.84 MMT a year ago) and 22.53 MMT of corn (13.8 MMT)

- Ukraine’s Ag Min estimated early spring grain planting 93% done as of April 22. Ukrainian farmers planted 2.1 million ha of spring crops, thereof 1.48 million ha of barley (95% of plan) and 285,000 ha of peas (84% of plan)

- Ukrainian farmers have sown 545,000 ha of corn or 12% of planned area as of April 22

- EU this season in period of July 1-April 21, 2018/19 imported 19.932 MMT of corn (maize) vs. 14.125 MMT a year ago

- EU this season in period of July 1-April 21, 2018/19 exported 1.958 MMT of corn vs. 1.206 MMT a year ago

- EU this season in period of July 1-April 21, 2018/19 exported 3.651 MMT of barley vs. 4.764 MMT a year ago

- EU this season in period of July 1-April 21, 2018/19 exported 2.239 MMT of malt in barley equivalent vs. 2.303 MMT a year ago

SOYBEAN

- US soybean export inspections for week, ending April 18, reported 382,298 MT, below trade expectations (400-800 TMT). Inspections for the 2018/19 marketing year are running 27.5% behind of year-ago

- USDA said 1% of the US soybean crop was planted as of April 21, behind of market forecasts (2%) and compared to 2% last year and a 2% five-year average

- Ukrainian March sunflower oil production was reported at 527 TMT, up 9.8% from prior month and up 22.9% from last year. Jan-March 2019 sunoil production totalled 1.491 MMT, up 13.6% from the same period in 2018

- Ukrainian farmers have sown 1.4 million ha of sunflower or 25% of planned area as of April 22

- Ukrainian farmers have sown 76,000 ha of soybeans or 4% of planned area as of April 22

- Surveyor SGS estimated Malaysia's April 1-20 palm oil exports at 939,657 MT up 1.5% from a month ago

- EU this season in period of July 1- April 21, 2018/19 imported 11.85 MMT of soybeans vs. 10.746 MMT a year ago

- EU this season in period of July 1-April 21, 2018/19 imported 13.895 MMT of soymeal vs. 15.353 MMT a year ago

- EU this season in period of July 1-April 21, 2018/19 imported 3.486 MMT of rapeseed vs. 3.62 MMT a year ago

- EU this season in period of July 1-April 21, 2018/19 imported 394,991 MT of sunflowerseed vs. 430,599 MT a year ago

- EU this season in period of July 1-April 21, 2018/19 imported 2.657 MMT of sunflower meal vs. 3.044 MMT a year ago

- EU this season in period of July 1-April 21, 2018/19 imported 1.259 MMT of sunflower oil vs. 1.384 MMT a year ago

- EU this season in period of July 1-April 21, 2018/19 imported 5.23 MMT of palm oil vs. 5.213 MMT a year ago