WHEAT

- May 9 - Japan seeks 110,880 MT of food wheat for July shipments:

  • 13,415 MT of western white US wheat;
  • 18,990 MT of hard red winter US wheat;
  • 49,235 MT of Canadian western red spring wheat;
  • 29,240 MT of Australian standard white wheat

- May 7 - Jordan bought 60,000 MT of optional-origin hard milling wheat from Ameropa at 213 $/mt c&f for the second half of September shipment

- May 7 - Philippines importers are seeking at least 55,000 MT of feed wheat for July, August and September shipment

- May 3 - Importers in the Philippines bought about 50,000 MT of optional-origin feed wheat at just over 200 $/mt, c&f for July-August shipment    

- USDA reports 64% of the winter wheat crop is in good to excellent condition as of May 5, unchanged from prior week and matching analyst expectations, but well above last year's 34%. USDA said spring wheat was 22% planted, well behind the five-year average of 49% also below an average of analysts' forecasts of 24% and last year's 27%

- Statistics Canada (StatsCan) said Canadian wheat inventories as of Mar 31, 2019 decreased 4.3% on year to 15.69 MMT, matching trade estimates

CORN

- May 7 - Argentina registered 304,110 MT of corn for export

- USDA said the US corn crop was 23% planted by May 5, well behind the five-year average of 46% and last year's 36%, also below an average of analysts' forecasts of 25%

- Statistics Canada (StatsCan) said Canadian corn inventories as of Mar 31, 2019 fell 5.2% on year to 8.3 MMT

- Statistics Canada (StatsCan) said Canadian barley inventories as of Mar 31, 2019 fell 26.6% on year to 2.49 MMT, below an average trade estimate of 2.6 MMT. Also stocks of oats were down 33.4% year over year to 1.4 MMT, below the range of pre-report estimates (1.5-1.8 MMT)

SOYBEAN

- May 7 - Argentina registered for export 293,059 MT of soymeal and 128,836 MT of soybean oil          

- USDA said 6% of the US soybean crop was planted as of May 5, behind of market forecasts (8%) and compared to 14% last year and a 14% five-year average

- Abiove raised its forecast of 2018/19 soybean crop to 117.6 MMT from 116.9 MMT previously. Abiove cut its forecast of Brazil's 2019 soybean exports by 2 MMT to 68.1 MMT

- Statistics Canada (StatsCan) said Canadian soybean inventories as of Mar 31, 2019 rose 4.3% on year to 2.91 MMT

- Statistics Canada (StatsCan) said Canadian canola stocks as of Mar 31, 2019 rose to 10.02 MMT, a 10.5% increase from the previous year, but below an average estimate of 10.2 MMT