WHEAT

- Nov 27 - Jordan bought 60,000 MT of optional-origin hard milling wheat from CHS at 239.3 $/mt c&f for the first half of April 2020 shipment

- Nov 26 - The lowest offer in Ethiopian tender for 200,000 MT of optional-origin wheat came in at 218 $/mt c&f from Aplas Importer, while Agrocorp offered at 219.41 $/mt c&f for shipment in February

- Nov 26 - The lowest offer in Ethiopian tender for 80,000 MT of optional-origin wheat came in from Promising at 297.25 $/mt CIP including transport to inland points

- Nov 25 - The lowest offer in Ethiopian tender for 400,000 MT of optional-origin wheat came in at 214.44 $/mt c&f. Other offers were at 218.44, 221.47 and 221.97 $/mt c&f

- US wheat export inspections for week, ending Nov 21, recorded 420,813 MT, within expectations (300-500 TMT). Inspections for 2019/20 are running 22.2% ahead of year-ago

- USDA rated 52% of the US winter wheat crop in good-to-excellent condition as of Nov 24, unchanged from prior week and ahead of analysts’ expectations of 51%, but below last year’s 55%

- Ukraine's Ag Min said Ukraine exported about 23.776 MMT of grain between July 1-Nov 27, 2019 vs. 17.602 MMT for the same period of last year, including 13.147 MMT of wheat (9.043 MMT a year ago), 6.839 MMT of corn (5.197 MMT) and 3.483 MMT of barley (3.014 MMT)

- South Africa's Crop Estimates Committee (CEC) lowered its wheat production estimate for 2019 to 1.618 MMT from 1.695 MMT previously, down 13.4% from the previous season’s crop of 1.868 MMT

- SAGIS estimated S. Africa's October wheat imports at 283,766 MT, up 365.8% on year (60,919 MT in Oct 2018)

CORN

- Nov 27 - South Korea's Korea Feed Association (KFA) bought around 62,000 MT of optional-origin corn from Glencore at 208.38 $/mt c&f including a surcharge for additional port unloading for March 25, 2020 arrival          

- Nov 26 - Taiwan's MFIG bought 65,000 MT of Argentina corn from Bunge at a premium of 156.7 USc/bushel c&f over the Chicago May 2020 corn contract (about 213.5 $/mt, c&f) for Feb 15-March 5 shipment    

- Nov 25 - South Korea's Major Feedmill Group (MFG) in a private deal purchased 60,000 MT of optional-origin corn at 204.49 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for April 1 arrival

- US corn export inspections for week, ending Nov 21, reported 604,592 MT, within expectations (550-750 TMT). Inspections for 2019/20 are running 57.5% behind of year-ago

- USDA estimated 84% of the US corn crop was harvested as of Nov 24, in line with expectations, but below last year’s pace (93%) and the 5-year mean (96%)

- Ukrainian farmers have harvested 34.254 MMT of corn from 97% area with the average yield of 7.1 mt/ha as of Nov 27

- South Africa's Crop Estimates Committee (CEC) lifted its estimate of corn output this year to 11.258 MMT from 11.186 MMT previously (12.51 MMT in 2018), but below the average market expectations of 12.244 MMT

- SAGIS estimated South Africa's corn stocks as of October 31 were at 6.818 MMT vs. 7.957 MMT a year ago

- SAGIS estimated S. Africa’s October corn imports at 81,976 MT; May-Oct 2019 imports totals 333,716 MT (zero in May-Oct 2018)

- SAGIS estimated S. Africa's October corn exports at 99,705 MT; May-Oct 2019 exports totals 679,009 MT down 59.5% on year (1.675 MMT in May-Oct 2018)

SOYBEAN

- Nov 27 - South Korea’s KFA (Korea Feed Association) bought 60,000 MT of South American soymeal from Cargill at 353.30 $/mt c&f including a surcharge for additional port unloading for July 10, 2020 arrival

- Nov 26 - South Korea's Feed Leaders Committee (FLC) bought an unknown volume of soymeal in a private deal at just under 355 $/mt c&f for July 1, 2020 arrival

- US soybean export inspections for week, ending Nov 21, reported 1,942,761 MT, topped trade expectations (1.2-1.8 MMT). Inspections for the 2019/20 marketing year are running 17.8% ahead of year-ago

- USDA estimated 94% of the US soybean crop was harvested as of Nov 24, in line with last year’s pace, but behind of average expectations (95%) and below 5-year mean (97%)

- Ukrainian farmers have harvested 14.586 MMT of sunflowerseed from 99.5% area with the average yield of 2.51 mt/ha as of Nov 27

- Ukrainian farmers have harvested 3.686 MMT of soybean from 99.5% area with the average yield of 2.35 mt/ha as of Nov 27

- Surveyor AmSpec Agri Malaysia estimated Malaysia's Nov 1-25 palm oil exports at 1,179,480 MT down 5.2% from a month ago

- SGS estimated Malaysia's Nov 1-25 palm oil exports at 1,166,676 MT down 3% from a month ago