WHEAT

- Jan 21 - Algeria's OAIC seeks at least 50,000 MT of optional-origin milling wheat for March shipment. Offers must remain valid until Jan 22

- Pakistan approved the import of 300,000 tonnes of wheat to relieve a shortage of flour supplies

- Jan 17 - Tunisia's state grains agency bought 117,000 MT of optional-origin durum wheat for Feb 20-April 30 shipment and 100,000 MT of soft wheat for Feb 20-Mar 25 shipment:

  • 25,000 MT of soft milling wheat from Casillo at 245.99 $/mt c&f;
  • 25,000 MT of soft milling wheat from Soufflet at 246.83 $/mt c&f;
  • 25,000 MT of soft milling wheat from Casillo at 246.89 $/mt c&f;
  • 25,000 MT of soft milling wheat from Soufflet at 247.83 $/mt c&f;
  • 25,000 MT of durum wheat from Glencore at 332 $/mt c&f;
  • 25,000 MT of durum wheat from Glencore at 333.19 $/mt c&f;
  • 17,000 MT of durum wheat from Glencore at 333.22 $/mt c&f;
  • 25,000 MT of durum wheat from Glencore at 334.16 $/mt c&f;
  • 25,000 MT of durum wheat from Durum at 325.39 $/mt c&f

- Jan 16 - Taiwan Flour Millers' Association bought 99,075 MT of US milling wheat in two consignments:

  • The first consignment has an additional charge of 30.14 $/mt for ocean shipping from the US Pacific North West coast to Taiwan for shipment between Mar 10-24:
    • 26,550 MT of dark northern spring wheat (14.5% protein) from Columbia Grain at 270.2 $/mt fob;
    • 16,825 MT of hard red winter wheat (12.5% protein) from ADM at 243.02 $/mt fob;
    • 7,000 MT of soft white wheat (9% protein) from ADM at 244.11 $/mt fob.
  • The second consignment has an additional charge of 31.23 $/mt for ocean shipping from the US Pacific North West coast to Taiwan for shipment between March 26-April 9:
    • 26,450 MT of dark northern spring wheat (14.5% protein) from Columbia Grain at 276.3 $/mt fob;
    • 17,000 MT of hard red winter wheat (12.5% protein) from Mitsui at 239.27 $/mt fob;
    • 5,250 MT of soft white wheat (9% protein) from Mitsui at 243.37 $/mt fob.

- Bangladesh will increase its wheat purchases from Ukraine if Russian grain becomes unavailable

-  Syria's state grains agency made no Russian wheat purchase in a tender that closed Dec 18

- Strategie Grains raised its forecast of 2019/20 EU soft wheat exports to 30.5 MMT, up from its previous projection of 28.7 MMT in December

- Strategie Grains lowered its forecast of EU 2020 soft wheat crop to 139.8 MMT from 140.5 MMT previously (145.8 MMT in 2019)

CORN

- Jan 17 - Tunisia's state grains agency bought 75,000 MT of optional-origin feed barley for Feb 25-Mar 25 shipment:

  • 25,000 MT from Dreyfus at 209.93 $/mt c&f;
  • 25,000 MT from Glencore at 211.9 $/mt c&f;
  • 25,000 MT from Cofco at 213.19 $/mt c&f

- Jan 17 - South Korea's Korea Feed Association (KFA) bought 66,000 MT of optional-origin corn from Pan Ocean at around 215 $/mt c&f for April 20 arrival

- The lowest price offered in Indian (MMTC) tender to buy around 175,000 MT of non-GM yellow corn was 226.80 $/mt c&f. The tender had closed on Jan 14 and offers must remain valid up to Jan 20

- Jan 15 - Algerian state agency ONAB rejected all offers and made no purchase in a tender for 15,000 MT of animal feed barley. No offers were reported for a combined shipment of 15,000 MT of corn and 20,000 MT of soymeal

- Strategie Grains trimmed its forecast of EU 2020 barley crop to 62.1 MMT from 62.2 MMT previously, unchanged from 2019

- Strategie Grains raised its forecast of EU 2020 corn crop to 67.2 MMT from 67.1 MMT previously, a 5.8% increase on 2019/20 (63.5 MMT)  

SOYBEAN

- Jan 22 - Egypt's GASC seeks 10,000 MT optional-origin sunoil and 30,000 MT soyoil for March 3-17 arrival

- Jan 16 - Egypt’s GASC bought 5,000 MT of local soybean oil at 13,400 EGP/mt (843 $/mt) from Watanya/Cargill for Feb 25-March 10 arrival

- Jan 16 - USDA announced export sales of 180,000 MT of US soybean meal for delivery to the Philippines during 2019/20

- Surveyor AmSpec Agri Malaysia estimated Malaysia's Jan 1-20 palm oil exports at 738,902 MT down 9.9% from a month ago

- Malaysia will rise its crude palm export tax to 6% in February, up from 5% in January. Malaysia calculated a reference price of 2,907.63 MYR/mt for February

- India imported 1.128 MMT of veg oils (edible & non-edible) in December vs. 1.127 MMT in November, down 7% from 1.211 MMT a year ago

- India imported 631,824 MT of crude palm oil in December vs. 540,421 MT in November and vs. 670,244 MT a year ago. India's Nov-Dec 2019 imports totals 1.172 MMT vs. 1.239 MMT a year ago

- India imported 94,816 MT of RBD palmolein in December vs. 122,409 MT in November and vs. 130,459 MT a year ago. India's Nov-Dec 2019 imports totals 217,225 MT vs. 239,370 MT a year ago

- India imported 168,048 MT of soybean oil in December vs. 164,750 MT in November and vs. 85,404 MT a year ago. India's Nov-Dec 2019 imports totals 332,798 MT vs. 289,238 MT a year ago

- India imported 197,842 MT of sunflower oil in December vs. 263,311 MT in November and vs. 235,824 MT a year ago. India's Nov-Dec 2019 imports totals 461,153 MT vs. 401,374 MT a year ago

- India's stock of edible oils at various ports and in pipelines as of January 1, 2020 fell to 1.375 MMT from 1.511 MMT a month ago, down vs. last year's 2.025 MMT. India's monthly requirement is about 1.9 MMT