WHEAT

- April 1 - Ethiopia seeks around 200,000 MT of optional-origin milling wheat

- Mar 23 - Syria's Hoboob seeks 200,000 MT of soft wheat from Russia for shipping within 60 days of the confirmation of the order

- Mar 3 - Jordan seeks 120,000 MT of optional-origin hard milling wheat for Sept 16-Nov 15 shipment

- Feb 27 - Importers in the Philippines bought about 275,000 MT of feed wheat, mostly from Black Sea region, in five 55,000 MT consignments for May 20-July 22 shipment at around 210-230 $/mt c&f

- Feb 27 -  The lowest offer in Bangladesh’s tender for 50,000 MT of wheat came in at 265.38 $/mt cif liner out from Agrocorp. Other offers were: Aston – 266.64 $/mt, Swiss Singapore Overseas – 269.4 $/mt, JK International – 269.6 $/mt, Phoenix – 274.35 $/mt

- Feb 26 -  Flour millers in South Korea bought 85,000 MT of US milling wheat:

  • CJ Cheiljedang bought 50,000 MT for May 1-31 shipment:
    • 22,480 MT of soft white wheat (10.5% protein) at 226.15 $/mt fob;
    • 3,130 MT of soft white wheat (8.5% protein) at 234.14 $/mt fob;
    • 9,190 MT of hard red winter wheat (11.5% protein) at 224.26 $/mt fob;
    • 15,200 MT of northern spring wheat (14% protein) at 246.11 $/mt fob.
  • Samyang bought 35,000 MT for May 20-June 20 shipment:
    • 10,300 MT of soft white wheat (10.5% protein) at 228.16 $/mt fob;
    • 1,200 MT of soft white wheat (8.5% protein) at 234.78 $/mt fob;
    • 11,200 MT of hard red winter wheat (11.5% protein) at 229.17 $/mt fob;
    • 12,300 MT of northern spring wheat (14% protein) at 249.22 $/mt fob

- Feb 25 - Jordan bought 60,000 MT of optional-origin hard milling wheat from Ameropa at 221.25 $/mt c&f for the first half of September shipment

- Feb 25 - Tunisia's state grains agency bought 125,000 MT of optional-origin soft wheat:

  • 25,000 MT from Soufflet at 232.92 $/mt c&f for March 25-April 5 shipment;
  • 25,000 MT from Soufflet at 232.92 $/mt c&f for April 5-15 shipment;
  • 25,000 MT from Soufflet at 232.92 $/mt c&f for April 10-20 shipment;
  • 25,000 MT from Cargill at 233.46 $/mt c&f for April 15-25 shipment;
  • 25,000 MT from Casillo at 233.98 $/mt c&f for May 15-25 shipment;

- Feb 25 - South Korea's Nonghyup Feed Inc. (Nofi) bought 60,000 MT of optional-origin feed wheat at 238.82 $/mt c&f plus a 1.5 $/mt surcharge for additional port unloading for July 20 arrival

- Weekly US wheat export sales data for week ended Feb 20 totaled 449,900 MT, incl. 381,800 MT for 2019/20, below market expectations (400-600 TMT). Export commitments for 2019/20 are running 2% ahead of year-ago

- Ukraine's Ag Min said Ukraine exported about 40.648 MMT of grain between July 1-Feb 28, 2019/20 vs. 32.427 MMT for the same period of last year, including 16.513 MMT of wheat (12.534 MMT a year ago), 19.628 MMT of corn (15.994 MMT) and 4.015 MMT of barley (3.275 MMT)

- International Grains Council (IGC) raised its forecast for global wheat production in 2020/21 by 4 MMT to a new record of 769 MMT (763 MMT in 2019/20), largely reflecting the change for India

- FranceAgriMer estimated 64% of French soft wheat crops were in good/excellent condition by Feb 24, down 1% point from week earlier, and down compared to 85% a year earlier

- SAGIS estimated S. Africa's January wheat imports at 101,851 MT vs. 7,725 MT in December. Oct-Jan 2019/20 imports rose 214.4% on year to 538,478 MT (171,273 MT in Oct-Jan 2018/19)

CORN

- Mar 4 - Jordan seeks 120,000 MT of optional-origin feed barley for June-July shipment

- Feb 27 - Tunisia's state grains agency bought 75,000 MT (3x25 TMT) of optional-origin feed barley from Glencore at 204.29 $/mt c&f for April 5-May 5 shipment

- Feb 26 - USDA announced export sales of 123,000 MT of optional-origin corn for delivery to South Korea during 2019/20

- Feb 26 - Jordan bought 60,000 MT of optional-origin feed barley from CHS at 198 $/mt c&f for shipment in the first half of July

- Feb 26 - 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 Mar 4

- Feb 26 - South Korea's Nonghyup Feed Inc. (Nofi) in a private deal bought 67,000 MT of optional-origin corn from Cofco at 212.48 $/mt c&f for June 20 arrival

- Feb 25 - South Korea's Nonghyup Feed Inc. (Nofi) bought 69,000 MT of optional-origin corn from Dreyfus at 208.95 $/mt c&f for June 30 arrival

- Feb 25 - South Korea's KOCOPIA bought 60,000 MT of US corn from Cofco at 219.98 $/mt c&f for arrival in the first half of this year

- Feb 25 - South Korea Feed Association (KFA) bought 54,000 MT of optional-origin corn from Dreyfus at 208.95 $/mt c&f for June 20 arrival  

- Feb 25 - South Korea's Feed Leaders Committee (FLC) in a private deal purchased 65,000 MT of optional-origin corn from Cargill at 207.99 $/mt c&f for June 20 arrival

- Weekly US corn export sales data for week ended Feb 20 totaled 978,200 MT, incl. 864,600 MT for 2019/20 within expectations (800-1300 TMT). Export commitments for 2019/20 are running 35% behind of year-ago

- Buenos Aires Grain Exchange raised forecast of Argentine 2019/20 corn crop by 1 MMT to 50 MMT (50.6 MMT in 2018/19)

- FranceAgriMer estimated 66% of French winter barley crops were in good/excellent condition by Feb 24, down 1% point from prior week, and down vs. 80% a year earlier. An estimated 32% of the spring barley area had been sown by Feb 24 vs. 66% a year ago

- South Africa's Crop Estimates Committee (CEC) released the first estimate of domestic corn production for the 2020 crop. CEC forecasts 14.56 MMT of corn output this year, by 29% more than last year (11.275 MMT in 2019) and in line with market expectations

- SAGIS estimated South Africa's corn stocks as of January 31 were at 3.855 MMT vs. 5.102 MMT a year ago

- SAGIS estimated S. Africa’s January corn imports at 28,336 MT; May-Jan 2019 imports rose 790% on year to 452,229 MT (50,812 MT in May-Jan 2018/19)

- SAGIS estimated S. Africa's January corn exports at 196,680 MT; May-Jan 2019/20 exports totals 1.176 MMT down 41.3% on year (2.004 MMT in May-Jan 2018/19)     

SOYBEAN

- Feb 28 - USDA announced export sales of 135,000 MT of US soybean meal for delivery to the Philippines during 2019/20

- Feb 25 - South Korea's Nonghyup Feed Inc. (Nofi) rejected all offers in tender to buy 60,000 MT of soybean meal for Sept 5 arrival, citing on too high prices             

- Weekly US soybeans export sales data for week ended Feb 20 totaled 361,400 MT, incl. 339,300 MT for 2019/20, below expectations (600-900 TMT). Export commitments for 2019/20 are running 13% behind of year-ago

- Weekly US soymeal export sales data for week ended Feb 20 of 166,100 MT, incl. 157,500 MT for 2019/20 within expectations (150-350 TMT). Export commitments for 2019/20 are running 8% behind of year-ago

- Buenos Aires Grains Exchange raised its forecast of Argentine 2019/20 soybean production to 53.1 MMT from 54.5 MMT previously (55.1 MMT in 2018/19)

- Buenos Aires Grain Exchange upped its forecast of Argentine 2019/20 sunflower crop by 0.2 to 3.4 MMT (3.9 MMT in 2018/19)

- Surveyor AmSpec Agri Malaysia estimated Malaysia's Feb 1-29 palm oil exports at 1,081,744 MT down 12.2% from a month ago