WHEAT

- Mar 5 - Morocco's ONICL tenders to buy 354,000 MT of US durum wheat under a preferential-tariff quota for arrival by May 31

- Feb 27 - Bangladesh seeks 50,000 MT of optional origin milling wheat

- Feb 25 - Jordan seeks 120,000 MT of optional-origin hard milling wheat for Sept-Oct shipment. Jordan made no purchase in its previous wheat tender on Feb 18

- Feb 21 - Saudi Arabia’s SAGO seeks 715,000 MT of wheat, 12.5% protein, in 12 consignments for April-June shipment

- Feb 20 - Japan bought 93,100 MT of food wheat for Mar-Apr shipments:

  • 18,367 MT of western white US wheat;
  • 15,940 MT of hard red winter US wheat;
  • 24,238 MT of dark northern spring US wheat;
  • 34,555 MT of Canadian western red spring wheat

- Feb 19 - Thai Feed Mill Association (TFMA) in Thailand purchased about 50,000 MT of optional-origin feed wheat, probably from the Black Sea region, from Agrocorp at 243.5 $/mt c&f for April 15-May 15 shipment

- Feb 18 - Turkey's TMO bought 250,000 MT of red milling wheat for March 5-20 shipment and 50,000 MT of durum wheat for March 1-20 shipment:

  • 250,000 MT of red milling wheat:
    • 25,000 MT from LDC at 222.75 $/mt c&f Samsun;
    • 20,000 MT from Aston at 223.15 $/mt c&f Trabzon;
    • 25,000 MT from LDC at 228.75 $/mt c&f Bandirma;
    • 25,000 MT from Aston at 233.00 $/mt c&f Tekirdag;
    • 25,000 MT from Mova Trade at 234.60 $/mt c&f Derince;
    • 25,000 MT from Aston at 234.70 $/mt c&f Derince;
    • 25,000 MT from Orsett at 234.80 $/mt c&f Mersin;
    • 50,000 MT from LDC at 234.88 $/mt c&f Iskenderun;
    • 30,000 MT from Merkuri Agro at 234.90 $/mt c&f Izmir.
  • 50,000 MT of durum wheat:
    • 25,000 MT from Glencore at 314.00 $/mt c&f Mersin;
    • 25,000 MT from Glencore at 325.75 $/mt c&f Iskenderun.

- ABARES cut estimate of 2019/20 Australian wheat crop to 15.165 MMT from 15.852 MMT in Dec, down 12.3% from 17.298 MMT in 2018/19

- Egypt has strategic reserves of wheat sufficient for 4.7 months

- India is expected to produce a record 106.21 MMT of wheat this year

- Ukrainian grain stocks were at 21.691 MMT as of February 1, down 11.4% from a year earlier, incl. 5.839 MMT of wheat (6.149 MMT a year ago), 1.769 MMT of barley (1.221 MMT a year ago) and 13.16 MMT of corn (16.391 MMT a year ago). The data does not include grain stored at small farms

CORN

- Feb 25 - Iran's SLAL seeks 200,000 MT of corn for shipment in March

- Feb 20 - Tunisia's state grains agency seeks 75,000 MT of optional-origin feed barley

- Feb 19 - Jordan bought 120,000 MT of optional-origin feed barley from GTCS: 60,000 MT at 209.9 $/mt c&f for shipment in the first half of May; and 60,000 MT at 203.5 $/mt c&f for shipment in the second half of June

- Feb 19 - Thai Feed Mill Association (TFMA) in Thailand purchased about 50,000 MT of Australian feed barley from Cargill at 230 $/mt c&f for April shipment

- Feb 19 - Japan received no offers for 120,000 MT of feed wheat and 200,000 MT of feed barley in a simultaneous buy and sell (SBS) auction. New SBS tender for the same amounts for each grain will be held on Feb 26

- Feb 18 - South Korea's Major Feedmill Group (MFG) bought 135,000 MT of optional-origin corn at 211.79 $/mt c&f + 1.00 $/mt surcharge for additional port unloading in two consignments: 67,000 MT from Cofco for June 11 arrival; and 68,000 MT from Pan Ocean for June 18 arrival

- Feb 18 - South Korea's Feed Leaders Committee (FLC) in a private deal bought 68,000 MT of Black Sea-origin corn from Glencore at 211.74 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for May 20 arrival

- Feb 18 - South Korea's Nonghyup Feed Inc. (Nofi) in a private deal bought 65,000 MT of optional-origin corn from CHS at 211.54 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for May 30 arrival

- Feb 18 - Turkey's TMO bought 25,000 MT of feed barley from Aston at 200.85 $/mt c&f for Feb 26-March 15 shipment

- ABARES lifted estimate of 2019/20 Australian barley crop to 8.851 MMT from 8.672 MMT in Dec, up 6.5% from 8.31 MMT in 2018/19. They lowered estimate of sorghum crop to 292,000 MT from 398,000 MT in Dec, down 77.2% from 1.278 MMT in 2018/19

- Indian production of chickpea, a popular variety of pulses, is likely to be 11.22 MMT this year against 9.94 MMT harvested in the previous year

SOYBEAN

- Feb 20 - Egypt's GASC seeks 10,000 MT optional-origin sunoil and 30,000 MT soyoil for April 10-30 arrival

- NOPA said its members crushed a bigger-than-expected 176.94 million bushels of soybeans during January (173.748 million bu – average expectations, 171-176.98 – range). NOPA processors crashed 174.812 mln bu in December and 171.63 mln bu a year ago. Soyoil stocks rose to 2.013 billion lbs as of Jan 31 from 1.757 a month earlier, well above average expectations of 1.782 billion lbs and the last year’s level of 1.549 billion lbs. Soymeal exports jumped in January to 931,061 tons from 902,534 tons in December and vs. 905,923 tons a year-ago

- Soy production in Paraguay could exceed 10 MMT in the current 2019/20 (8.5 MMT in 2018/19)

- ABARES raised estimate of 2019/20 Australian canola crop to 2.329 MMT from 2.099 MMT in Dec, up 6.8% from 2.18 MMT in 2018/19

- Surveyor AmSpec Agri Malaysia estimated Malaysia's Feb 1-20 palm oil exports at 819,653 MT up 10.9% from a month ago

- Ukrainian sunflower stocks were at 6.372 MMT as of February 1, up 15.1% from a year earlier (5.534 MMT). The data does not include grain stored at small farms