WHEAT

- Ethiopia has again postponed two international tenders to buy a total 600,000 MT of milling wheat, now to April 29 and 30

- Apr 23 - Taiwan Flour Millers' Association seeks 220,000 MT of US milling wheat for June-July-August shipment

- Apr 21 -  Jordan seeks 120,000 MT of optional-origin hard milling wheat for October-November shipment

- Apr 17 - Japan bought 132,277 MT of food wheat for June shipments:

  • 32,237 MT of western white US wheat;
  • 12,700 MT of hard red winter US wheat;
  • 8,800 MT of dark northern spring US wheat;
  • 48,920 MT of Canadian western red spring wheat;
  • 29,620 MT of Australian standard white wheat

- Apr 16 - Egypt's GASC bought 240,000 MT of wheat from France (180,000 MT) and Russia (60,000 mt) for May 21-June 5 shipment:

  • 60,000 MT of Russian wheat from Agro AST at 251.75 $/mt c&f (242.45 fob+9.30 freight);
  • 120,000 MT of French wheat from Glencore at 251.80 $/mt c&f (239.8 fob+12.00 freight);
  • 60,000 MT of French wheat from Hakan at 251.80 $/mt c&f (239.8 fob+12.00 freight)

- Malaysia last week purchased an unknown volume of Black Sea new crop wheat at about 240 $/mt c&f for July shipment in containers

- US wheat export inspections for week, ending Apr 16, recorded 469,922 MT, within expectations (400-700 TMT). Inspections for 2019/20 are running 5.8% ahead of year-ago

- Russia will suspend grain exports until July 1 once its export quota is exhausted, which is currently expected to happen in mid-May

- IKAR lowered its 2020 Russian wheat crop outlook to 77.2 MMT from 79.5 MMT previously

- Russian farmers have sown 912,500 ha of spring wheat or 7.5% of planned area as of April 20 vs. 389,200 ha a year ago

- Romania lifted all export restrictions for wheat and other food products to non-European Union destinations, enforced on April 10

- EU this season in period of July 1-April 19, 2019/20 exported 27.164 MMT of soft wheat compared to 16.62 MMT a year ago

- Strategie Grains raised its forecast of 2019/20 EU soft wheat exports to 32.4 MMT, up from its previous projection of 31.2 MMT in March. They increased its projection of EU soft wheat stocks at the end of 2019/20 on June 30 to 13.7 MMT from 12.5 MMT

- Strategie Grains lowered its forecast of EU 2020 soft wheat crop to 135 MMT from 136.7 MMT previously (146.4 MMT in 2019)           

- FranceAgriMer lifted its forecast for French soft wheat stocks at the end of the 2019/20 to 2.61 MMT from 2.446 MMT projected last month (2.492 MMT in 2018/19). Projected exports outside the EU raised by 500,000 MT to 13.2 MMT, up 36.5% from 9.668 MMT in 2018/19, while forecast of shipments within the EU trimmed by 335,000 MT to 7.738 MMT, up 5% from 7.368 MMT in 2018/19

- FranceAgriMer estimated 61% of French soft wheat crops were in good/excellent condition by April 13, down 1% point from week earlier and down compared to 81% a year earlier

- Germany's association of farm cooperatives lowered its forecast of country’s 2020 wheat crop to 22.73 MMT from 22.79 MMT in March, a 1.4% decrease from last year

CORN

- Apr 22 - Jordan seeks 120,000 MT of optional-origin feed barley for November shipment

- Apr 20 - South Korea Feed Association (KFA) in a private deal bought 58,000 MT of South American corn from Glencore at 179.50 $/mt c&f for October 10 arrival

- Apr 17 - South Korea's Major Feedmill Group (MFG) in a private deal purchased 69,000 MT of corn, probably from South America, from Bunge at 180.5 $/mt c&f including a surcharge for additional port unloading for Oct 15 arrival

- Apr 16 - South Korea's Major Feedmill Group (MFG) bought 206,000 MT of South American corn in private deals:

  • 68,000 MT from Pan Ocean at 181.95 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for Sept 10 arrival;
  • 69,000 MT from ADM at 181.95 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for Sept 18 arrival;
  • 69,000 MT from ADM at 180.74 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for Nov 5 arrival

- Apr 15 - Japan bought 380 MT of feed barley for Sept 24 arrival via SBS-tender

- US corn export inspections for week, ending Apr 16, reported 683,854 MT, below expectations (850-1300 TMT). Inspections for 2019/20 are running 36.3% behind of year-ago

- Rosario grain exchange lowered its forecast for Argentine 2019/20 corn harvest to 49.8 MMT from 50 MMT previously

- EU in week ended April 3-10 awarded licenses to import 170,820 MT of Ukrainian corn under an annual duty-free quota.  The award meant that the EU had now awarded 82.5% (1,010,82 MT) out of a total volume of 1,225,000 MT available in 2020. Also EU this week awarded the import of 136,000 MT of corn under a reduced-tariff quota open to all origins

- EU this season in period of July 1-April 19, 2019/20 imported 16.553 MMT of corn (maize) vs. 19.85 MMT a year ago

- EU this season in period of July 1-April 19, 2019/20 exported 4.201 MMT of corn vs. 1.943 MMT a year ago

- EU this season in period of July 1-April 19, 2019/20 exported 6.031 MMT of barley vs. 3.732 MMT a year ago

- EU this season in period of July 1-April 19, 2019/20 exported 2.226 MT of malt in barley equivalent vs. 2.197 MT a year ago

- FranceAgriMer estimated 60% of French winter barley crops were in good/excellent condition by April 13, down 1% point from prior week, and down vs. 77% a year earlier. The condition of recently sown spring barley deteriorated more sharply, with 78% of crops rated good/excellent against 84% the previous week, and 89% a year ago

- FranceAgriMer estimated corn planting 25% done as of April 13 (4% a week-ago), in line with last year’s pace

- Germany's association of farm cooperatives expect decreasing of country’s winter barley crop by 0.9% to 9.67 MMT this year and 6.1% rise of spring barley crop to 1.94 MMT

- Germany's association of farm cooperatives expect country’s 2020 corn crop at 4.09 MMT, an 11.8% rise from last year

- Russian farmers have sown 2.4 million ha of spring barley or 30.7% of planned area as of April 20 vs. 1.7 million ha a year ago

- Russian farmers have sown 657,500 ha of corn or 24.1% of planned area as of April 20 vs. 281,800 ha a year ago

SOYBEAN

- Apr 20 - South Korea's Major Feedmill Group (MFG) in a private deal purchased about 60,000 MT of South American soymeal at 342.40 $/mt c&f for Aug 1-Sept 1 shipment

- Apr 17 - USDA announced export sales of 120,000 MT of US soybeans for delivery to unknown destinations during 2019/20

- US soybean export inspections for week, ending Apr 16, reported 539,824 MT, within trade expectations (300-550 TMT). Inspections for the 2019/20 marketing year are running 6.1% ahead of year-ago

- NOPA said its members crushed a record-large 181.374 million bushels of soybeans during March (175.163 million bu – average expectations, 165-179.583 – range). NOPA processors crashed 166.288 mln bu in February and 170.011 mln bu a year ago. Soyoil stocks fell to 1.899 billion lbs as of March 31 from 1.922 a month earlier, above the last year’s level of 1.761 billion lbs, but behind of average expectations of 2.067 billion lbs. Soymeal exports in March jumped to 973,741 tons from 762,745 tons in February and vs. 844,294 tons a year-ago

- Rosario grain exchange cut its forecast for Argentine 2019/20 soy harvest to 50.5 MMT from 51.5 MMT previously

- Turkish Government has reduced sunseed import duties from 13% to 9%; and crude sunoil import duties from 30% to 18% till 31 May 2020

- Germany's association of farm cooperatives cut Germany's 2020 winter rapeseed output forecast from 3.44 to 3.34 MMT this month, up 18.4% from 2019

- Surveyor AmSpec Agri Malaysia estimated Malaysia's April 1-20 palm oil exports at 684,162 MT up 4.5% from a month ago

- EU this season in period of July 1-April 19, 2019/20 imported 11.505 MMT of soybeans vs. 12.039 MMT a year ago

- EU this season in period of July 1-April 19, 2019/20 imported 14.271 MMT of soymeal vs. 13.805 MMT a year ago

- EU this season in period of July 1-April 19, 2019/20 imported 5.126 MMT of rapeseed vs. 3.539 MMT a year ago

- EU this season in period of July 1-April 19, 2019/20 imported 904,845 MT of sunflowerseed vs. 392,686 MT a year ago

- EU this season in period of July 1-April 19, 2019/20 imported 2.472 MMT of sunflower meal vs. 2.63 MMT a year ago

- EU this season in period of July 1-April 19, 2019/20 imported 1.882 MMT of sunflower oil vs. 1.305 MMT a year ago

- EU this season in period of July 1-April 19, 2019/20 imported 4.485 MMT of palm oil vs. 5.258 MMT a year ago

- Russian farmers have sown 1.3 million ha of sunflower or 15.9% of planned area as of April 20 vs. 567,100 ha a year ago

- Russian farmers have sown 83,500 ha of soybeans or 2.6% of planned area as of April 20 vs. 28,000 ha a year ago