WHEAT

- July 28 - Egypt’s GASC seeks an unspecified amount of wheat from global suppliers for Sept 1-10 shipment. The lowest offer is 215.10 $/mt fob from Solaris for Russian wheat

- July 23 - An importer in the Philippines bought 55,000 MT of optional-origin feed wheat for December shipment at around 222-224 $/mt c&f

- July 22 - Taiwan Flour Millers' Association bought 98,230 MT of US milling wheat in two consignments:

  • 47,230 MT for Sept 11-25 shipment, charge of 28.55 $/mt for ocean shipping from the US Pacific North West coast to Taiwan:
    • 28,485 MT of dark northern spring wheat (14.5% protein) at 257.68 $/mt fob from ADM;
    • 13,970 MT of hard red winter wheat (12.5% protein) at 247.10 $/mt fob from Cargill;
    • 4,775 MT of soft white wheat (9% protein) at 227.48 $/mt fob from Cargill.
  • 51,000 MT for Sept 27-Oct 11 shipment, charge of 26.70 $/mt for ocean shipping from the US Pacific North West coast to Taiwan:
    • 30,700 MT of dark northern spring wheat (14.5% protein) at 261.66 $/mt fob from ADM;
    • 13,950 MT of hard red winter wheat (12.5% protein) at 251.17 $/mt fob from Cargill;
    • 6,350 MT of soft white wheat (9% protein) at 229.70 $/mt fob from ADM

- Importers in Pakistan bought at least 300,000 MT of wheat in five 60,000-65,000 MT consignments, probably from the Black Sea region, in deals made in June and July. One shipment was purchased in late June at 219.50 $/mt c&f for August-September shipment. Four other shipments were purchased in July. The July purchases were priced at around 231 $/mt c&f for August shipment, 238 $/mt c&f for August shipment, 239 $/mt c&f for July 25-Aug 15 shipment and 234 $/mt c&f for August shipment

- July 21 - Jordan bought 60,000 MT of optional-origin hard milling wheat from Aston at 235.5 $/mt c&f for the first half of October shipment   

- July 21 - South Korea's Nonghyup Feed Inc. (Nofi) bought 60,000 MT of optional-origin feed wheat from Posco at 232.9 $/mt c&f for November 1 arrival

- July 21 - Egypt's GASC bought 115,000 MT of wheat from Ukraine for Aug 21-31 shipment:

  • 60,000 MT of Ukrainian wheat from Cofco at 224.48 $/mt c&f (208.98 fob+15.50 freight);
  • 55,000 MT of Ukrainian wheat from Inerco Trade at 227.28 $/mt c&f (213.50 fob+13.78 freight)

- July 14 - Egypt's GASC bought 114,000 MT (57,000x2) of Russian wheat from Agro AST at 226.75 $/mt c&f (211.90 fob+14.85 freight) for Aug 16-26 shipment

- Ethiopia postponed a tender to buy 400,000 MT of milling wheat on July 24 instead of July 20 as previously scheduled. The tender originally had been scheduled to close on July 10

- MARS cut its forecast of the average soft wheat yield in the EU this year to 5.54 t/ha from 5.60 t/ha estimated last month

- Agritel expects soft wheat crop in France this year at 29.22 MMT, 26% below the bumper crop harvested in 2019

- IKAR raised its 2020 Russian wheat crop outlook to 78 MMT from 76.5 MMT previously

- Kazakhstan raised its 2020 grain crop forecast to 20.5MMT from 18-18.5 MMT expected previously

- International Grains Council (IGC) lowered its forecast for global wheat production in 2020/21 by 5.6 MMT to 762 MMT (762 MMT in 2019/20), reflecting diminished crop outlooks in the EU, the US and Russia. Forecast of ending stocks was lowered by 1.9 MMT to 288 MMT (276 MMT in 2019/20)

- China imported about 910,000 MT of wheat in June, up 197% from the year before. January-June imports rose 91% to 3.35 MMT

CORN

- Sept 1 - Syrian state agency will have an international tender to sell and export 100,000 MT of animal feed barley

- Aug 25 - Syria's General Foreign Trade Organisation seeks 50,000 MT of yellow corn

- July 22 - Thai Feed Mill Association (TFMA) rejected offers and made no purchase in a tender for 98,000 MT of Australian feed barley for Dec-Feb shipment and 192,600 MT of feed wheat for Oct-Dec shipment

- July 22 - South Korea Feed Association (KFA) rejected all offers in tender to buy 68,000 MT of corn for Dec 30 arrival, citing on too high prices. The lowest offer in the tender was at 196.52 $/mt c&f

- July 21 - South Korea's Nonghyup Feed Inc. (Nofi) bought 134,000 MT of optional-origin corn: 65,000 MT from CHS at 190.93 $/mt c&f for November 15 arrival and 69,000 MT from Cargill at 193.49 $/mt c&f for November 25 arrival             

- July 21 - USDA announced export sales of 207,880 MT of US corn for delivery to unknown destinations during 2019/20 (25,400 MT) and 2020/21 (182,480 MT)

- July 17 - Saudi Arabia’s SAGO bought 725,000 MT of feed barley of Australia, South and North America (excl. Canada), EU and Black Sea origin at an average price of 211.43 $/mt c&f in 12 consignments for Oct-Nov shipment to the Red Sea ports (540 TMT) and the Gulf ports (180 TMT):

  • Red Sea Ports:
    • 60,000 MT from Glencore at 208.18 $/mt c&f (Oct 1-15)
    • 60,000 MT from Glencore at 208.47 $/mt c&f (Oct 1-15)
    • 60,000 MT from Bunge at 210.00 $/mt c&f (Oct 1-15)
    • 60,000 MT from Glencore at 209.38 $/mt c&f (Oct 15-31)
    • 60,000 MT from Glencore at 210.48 $/mt c&f (Oct 15-31)
    • 60,000 MT from Louis Dreyfus at 210.50 $/mt c&f (Oct 15-31)
    • 65,000 MT from Agrorodeo at 209.23 $/mt c&f (Nov 1-15)
    • 60,000 MT from Glencore at 211.36 $/mt c&f (Nov 1-15)
    • 60,000 MT from Glencore at 212.24 $/mt c&f (Nov 1-15)
  • Gulf Ports:
    • 60,000 MT from Cofco at 214.13 $/mt c&f (Oct 1-15)
    • 60,000 MT from Cofco at 215.13 $/mt c&f (Oct 15-31)
    • 60,000 MT from Cofco at 218.28 $/mt c&f (Nov 1-10)

- July 17 - South Korea's Major Feedmill Group (MFG) in a private deal purchased 138,000 MT of corn, probably from South America at 188.74 $/mt c&f: 69,000 MT from Cargill for Nov 25 arrival and 69,000 MT from ADM for Dec 13 arrival

- July 16 - South Korea's KOCOPIA bought 60,000 MT of Brazilian corn from Glencore at 196.31 $/mt c&f for Nov 5 arrival

- July 16 - South Korea Feed Association (KFA) rejected all offers in tender to buy 69,000 MT of corn for Nov 15 arrival, citing on too high prices. The lowest offer in the tender was at 195.37 $/mt c&f

- July 15 - South Korea's Feed Leaders Committee (FLC) in a private deal purchased 130,000 MT of corn: 65,000 MT from CHS at 184.78 $/mt c&f for Oct 10 arrival and 65,000 MT from Glencore at 188.74 $/mt c&f + 1.25 $/mt surcharge for additional port unloading for Nov 20 arrival

- July 15 - Iran's SLAL bought 200,000 MT of Brazilian corn for shipment in August-September

- July 15 - USDA announced export sales of 132,000 MT of US corn for delivery to China during 2020/21

- International Grains Council (IGC) lowered its forecast for global corn production in 2020/21 by 7.6 MMT to 1.164 BMT (1.117 BMT in 2019/20), reflecting diminished crop outlooks in the US partly compensated by bigger crops in Ukraine and the EU. Forecast of ending stocks was lowered by 8.3 MMT to 287.8 MMT (300.1 MMT in 2019/20)

- China's corn imports in June came to 880,000 MT, up 23% from the same month of 2019. January-June imports rose 18% to 3.66 MMT

- China imported around 500,000 MT of barley in June, up 115% from the year before. China's Jan-June barley imports totals 2.44 MMT, down 21% from year-ago. Sorghum imports in June came to 680,000 MT and in January-June 2020 totals 1.78 MMT vs. about zero last year

- MARS increased its outlook for the EU's barley yield this year to 4.89 t/ha from 4.71 t/ha last month

SOYBEAN

- Aug 25 - Syria's General Foreign Trade Organisation seeks 50,000 MT of soymeal

- July 27 - USDA announced export sales of 382,371 MT of US soybeans for delivery during 2020/21 to China (132,000 MT) and Mexico (250,371 MT)

- July 24 - USDA announced export sales of 252,000 MT of US soybeans for delivery to unknown destinations during 2019/20 (6,000 MT) and during 2020/21 (246,000 MT)

- July 24 - USDA announced export sales of 133,000 MT of US soybean meal for delivery to the Philippines during 2019/20

- July 23 - USDA announced export sales of 132,000 MT of US soybeans for delivery to China during 2020/21

- July 22 - USDA announced export sales of 926,300 MT of US soybeans for delivery during 2019/20 to China (66,000 MT) and during 2020/21 to China (649,000 MT) and unknown destinations (211,300 MT)

- July 21 - USDA announced export sales of 306,000 MT of US soybeans for delivery during 2020/21 to China (126,000 MT) and unknown destinations (180,000 MT)

- July 20 - USDA announced export sales of 132,000 MT of US soybeans for delivery to China during 2020/21

- July 17 - USDA announced export sales of 126,000 MT of US soybeans for delivery to unknown destinations during 2020/21

- July 16 - USDA announced export sales of 873,000 MT of US soybeans:

  • 522,000 MT for delivery to China during 2019/20 (132,000 MT) and 2020/21 (390,000 MT);
  • 351,000 MT for delivery to unknown destinations during 2019/20 (65,000 MT) and 2020/21 (286,000 MT)

- July 15 - USDA announced export sales of 389,000 MT of US soybeans for delivery to China during 2020/21

- July 15 - Iran's SLAL bought 350,000 MT of South American soymeal for shipment in August-September

- MARS increased its forecast of the average rapeseed yield in the EU this year to 2.97 t/ha from 2.90 t/ha estimated last month

- MARS increased its outlook for the EU's sunflower yield this year to 2.46 t/ha from 2.39 t/ha last month