WHEAT

- Mar 4 - Jordan tenders to buy 100,000 tons of optional origin hard milling wheat for June shipment

- Feb 25 - Israeli group tenders to buy 25,000 tons of feed wheat for Apr shipment

- Feb 20 - Tunisia bought 42,000 tons of optional origin durum wheat at 429.29 and 431.65 $/t c&f for Apr shipment

- Feb 20 - Morocco bought 363,500 tons of EU soft wheat but received no offers for 45,000 tons of EU durum wheat under reduced-tariff import quotas

- Feb 19 - Morocco received no offers in a tender to import up to 360,000 tons of US soft wheat and 306,000 tons of US durum wheat under reduced-tariff import quotas

- Feb 19 - Egypt's GASC bought 240,000 tons of French, Romanian wheat for March 15-25 shipment:

  • 60 KMT of French wheat from Soufflet at 240.34 $/t c&f (224.74 $/t fob + 13.1 $/t freight + 2.5 $/t for shipment from two ports)
  • 60 KMT of French wheat from Cargill at 240.41 $/t c&f (227.68 $/t fob + 12.73 $/t freight)
  • 60 KMT of French wheat from Lecureur at 242.24 $/t c&f (226.64 $/t fob + 13.1 $/t freight + 2.5 $/t for shipment from two ports)
  • 60 KMT of Romanian wheat from Ameropa at 242.99 $/t c&f (234.84 $/t fob + 8.15 $/t freight)

- Egypt's trade ministry extended for six months a decision to allow imported wheat to have moisture levels of up to 13.5%

- Egypt's stock of wheat for its subsidised bread programme will last until the end of May

- Feb 18 - Algeria bought 400,000 tons of optional-origin milling wheat (possibly from France) at 237-238 $/t c&f for June shipment

- USDA estimated 2015 US all wheat area at 55.5 MA vs. previous estimate of 56.0 MA and vs. 56.8 MA in 2014

- USDA estimated 2015/16 US wheat crop at 2.125 BB vs. 2.026 BB in 2014/15

- USDA estimated 2015/16 US wheat ending stocks at 763 MB vs. 692 MB in 2014/15

- USDA sees average US wheat price at 5.10 $/B in 2015/16 vs. 6 $/B in 2014/15

- Weekly US wheat export sales data for week ended February 12- 305,400 tons (266,600 for 2014/15 and 38,800 for 2015/16) vs. expected 300-500,000 tons

- Russia Ag Min said Russia has exported about 23.915 MMT of grain between July 1 – Feb 18, 2014/15, including wheat – 18.689 MMT, barley – 3.563 MMT, corn – 1.34 MMT

- Russia's Ag Min may cut by 2,000 RUB its intervention prices for grain this year's harvest

- Ukraine's Ag Min said Ukraine has exported 23.691 MMT of grain between July 1, 2014 – Feb 20, 2015 including wheat – 9.058 MMT, corn – 10.58 MMT and barley – 3.805 MMT

- Kazakhstan's Ag Min said Kazakhstan exported 4.261 MMT of grain between July 1, 2014 – February 20, 2015 vs. 5.768 MMT a year ago

- FranceAgriMer said 91% of France's soft wheat crops were in good to excellent condition as of Feb 16, while 95% had entered the tillering stage, up from 89% a year ago

- Syria does not expect to import wheat this year because will harvest enough wheat

CORN

- Feb 25 - Israeli group tenders to buy up to 90,000 tons of corn for Apr-Jun shipment

- USDA estimated 2015/16 US corn crop at 13.595 BB vs. 14.216 BB in 2014/15

- USDA estimated 2015/16 US corn yield estimated at 166.8 BPA vs. 171.0 BPA in 2014/15

- USDA estimated 2015/16 US corn ending stocks at 1.687 BB vs. 1.827 BB in 2014/15

- USDA estimated 2015/16 US corn used for ethanol at 5.225 BB vs. 5.25 BB in 2014/15

- USDA estimated 2015/16 US corn exports at 1.85 BB vs. 1.75 BB in 2014/15

- USDA estimated 2015 US corn area at 89.0 MA vs. previous estimate of 88.0 MA and vs. 2014 area of 90.6 MA

- USDA sees average US corn price at 3.50 $/B in 2015/16 vs. 3.65 $/B in 2014/15

- Weekly US corn export sales data for week ended February 12 - 1,075,400 tons (932,200 for 2014/15 and 143,200 for 2015/16) vs. expected 650-900,000 tons

- US total corn consumed for alcohol and other uses was 510.1 million bushels in December 2014. Total corn consumption was up 5% from November 2014 and up 7% from October 2014

- US dry mill co-product production of distillers dried grains with solubles (DDGS) was at 1.9 million tons during December 2014, up 8% from Nov and up 3% from Oct 2014

- US wet mill corn gluten feed production was at 329.4 thousand tons during December 2014, up 12% from Nov and up 3% from Oct 2014

- Japan's Dec use of corn in animal feed fell to 44.2% vs. 44.8% in Nov and vs. 45.2% a year earlier

SOYBEAN

- USDA estimated 2015 US soybean area at 83.5 MA vs. previous estimate of 84.0 MA and vs. 2014 area of 83.7 MA

- USDA estimated 2015/16 US soybean crop at 3.800 BB vs. 3.969 BB in 2014/15

- USDA estimated 2015/16 US soybean yield at 46.0 BPA vs. 47.8 BPA in 2014/15

- USDA estimated 2015/16 US soybean ending stocks at 430 MB vs. 385 MB in 2014/15

- USDA estimated 2015/16 US soybean crush at 1.840 BB vs. 1.795 BB in 2014/15

- USDA estimated 2015/16 US soybean exports at 1.82 BB vs. 1.79 BB in 2014/15

- USDA sees average US soybean price at 9.00 $/B in 2015/16 vs. 10.2 $/B in 2014/15

- Weekly US soybean export sales data for week ended February 12 – 621,600 tons (505,700 for 2014/15 and 115,900 for 2015/16) vs. expected 375-550,000 tons

BARLEY

- FranceAgriMer said French farmers had sown 9% of the spring barley area for this year's harvest by Feb 16 vs. 2% at this stage last year

- Russia may impose export duties on rye, barley and corn

OTHERS

- Indonesia's Jan palm oil exports fell 8% on month to their lowest level in four months at 1.81 MMT but up from 1.57 a year ago

- Surveyor SGS estimated Malaysia's Feb 1-20 palm oil exports at 702,707 tons down 0.9% from a month ago

- US sorghum consumption for fuel alcohol was 889 thousand hundredweight during December 2014. Total sorghum consumption was down 57% from Nov 2014 and down 53% from Oct 2014