WHEAT

- July 4 - Algeria's OAIC seeks at least 50,000 MT of optional-origin milling wheat for August shipment

- July 3 - Tunisia's state grains agency bought 67,000 MT of optional-origin soft wheat for August 5-25 shipment:

  • 25,000 MT of soft milling wheat from ADM at 203.69 $/mt c&f;
  • 17,000 MT of soft milling wheat from Casillo at 211.68 $/mt c&f;
  • 25,000 MT of soft milling wheat from ADM at 205.99 $/mt c&f

- July 3 - Japan bought 123,968 MT of food wheat for September shipments:

  • 12,910 MT of western white US wheat;
  • 19,075 MT of hard red winter US wheat;
  • 34,068 MT of dark northern spring US wheat;
  • 33,510 MT of Canadian western red spring wheat
  • 24,405 MT of Australian standard white wheat

- July 3 - Jordan has made no purchase in an international tender for 120,000 MT of optional-origin hard milling wheat and re-tender on July 9

- July 2- Egypt's GASC bought 60,000 MT of Romanian wheat from CHS at 210.46 $/mt c&f (196.71 fob+13.75 freight) for August 2-12 shipment

- USDA reports 63% of the winter wheat crop is in good to excellent condition as of June 30, up 2% points from prior week and ahead of average analyst expectations (61%), well above last year's 38%. USDA said the US winter wheat harvest was 30% complete, matching expectations, but lagging the last year’s 50% and the five-year average of 48%. USDA rated 75% of the US spring wheat crop in good-to-excellent condition as of June 30, unchanged from prior week and in line with expectations, but down compared to 77% a year-ago

- German association of farmers DBV forecasts Germany's 2019 winter wheat crop at 24.1 MMT, up 23% from year-ago (19.6 MMT in 2018)

CORN

- July 10 - Japan seeks 120,000 MT of feed wheat and 200,000 MT of feed barley in a simultaneous buy and sell (SBS) auction

- USDA rated 56% of the US corn crop in good-to-excellent condition as of June 30, unchanged from prior week, but below expectations (57%), also down compared to 76% a year-ago

- Zimbabwe needs to import 800,000 MT of maize following a drought that reduced the harvest by more than half

SOYBEAN

- July 4 - Egypt's GASC seeks 10,000 MT optional-origin sunoil and 30,000 MT soyoil for August 16-31 arrival

- USDA said 92% of the US soybean crop was planted as of June 30, behind of market forecasts (92%), down compared to 100% last year and an 99% five-year average. USDA rated 54% of the US soybean crop in good-to-excellent condition unchanged from prior week, but down compared to 71% a year-ago and below an average of expectations (56%)

- USDA estimated US May 2019 soybean crush for crude oil at 4.958 million short tons, a 3.7% decrease from April and below the last year level (5.174 mln tons in May 2018). Crude soyoil stocks fell to 1.662 billion lbs as of May 31 from 1.893 billion lbs as of April 30, below the 2.003 bln lbs a year ago, while refined oil stocks were at 355.932 million lbs as of May 31 vs. 364.255 in Apr and 371.127 in May 2018. May US soy cake and meal stocks were at 276,208 tons vs. 337,326 in April and vs. 391,812 tons a year-ago

- German association of farmers DBV forecasts Germany’s 2019 winter rapeseed harvest to fall 16% to 3.1 MMT (3.7 MMT in 2018)