- Mar 11 - Taiwan seeks 83,950 tons of US milling wheat for Apr-May shipment

- Private Iranian companies bought about 85,000 tons of wheat (60,000 tons from Germany and the Baltic Sea region and 25,000 tons from the Black Sea area) for March shipment in first deals for weeks

- Mar 5 - South Korea's KFA bought 40,000 tons of optional-origin feed wheat at 217.65 $/t c&f for Aug shipment

- Mar 5 - Japan bought 130,929 tons of food wheat for April – May shipment:

  • 14,570 tons of western white US wheat
  • 14,410 tons of hard red winter US wheat
  • 25,593 tons of dark northern spring US wheat
  • 48,825 tons of Canadian western red spring wheat
  • 27,531 tons of Australian white wheat

- Mar 4 - Jordan bought 50,000 tons of optional origin hard milling wheat for June shipment

- FAO forecasts 2015 world wheat crop at 720 MMT, or 1% below the record output of 2014

- Ukrainian weather forecasters said Ukraine's 2015 winter wheat harvest is likely to fall to 21-22 MMT from around 24 MMT last year due to a smaller yield – estimated of 3.3 ton per hectare this year from 4.0 ton in 2014

- China sold 9,220 tons of US SRW at 2,460 yuan ($392) per ton, or 31% of the 29,712 tons of US soft red winter (SRW) wheat it offered from its state reserves this week

- China's Finance Ministry said the country will spend 154.6 billion yuan ($24.66 billion) on stockpiling grains, edible oils and other materials in 2015, a rise of 33 percent on the year. Beijing will also maintain minimum purchasing prices for wheat and rice in 2015 and target total grain output at more than 550 MMT

- Russia's Ag Min said about 19.7% of Russia's winter grains were in poor condition as of Mar 3. Russian farmers have started their spring grain sowing campaign with prospects for the 2015 crop brighter than first thought. Farmers planted 57,800 hectares of spring grains through March 5, or 0.1% of the planned total planted area

- Russia's Ag Min forecasts Russia's 2015 grain crop at least at 100 MMT vs. 105.3 MMT in 2014

- Kazakhstan's Ag Min said Kazakhstan exported 4.411 MMT of grain between July 1, 2014 – February 28, 2015 vs. 6.009 MMT a year ago

- Weekly US wheat export sales data for week ended February 26 – 507.6 KMT (469.6 for 2014/15 and 38.0 for 2015/16) vs. expected 300-600 KMT

- EU in week ended February 27 awarded licences to import almost 50,822 tons of Ukrainian wheat under an annual duty-free quota

- EU in week ended March 3 granted licences to export 505 KMT of soft wheat, bringing the total this season to 21.3 MMT vs. 20.8 MMT a year ago

- German premiums remained underpinned by strong exports, with traders estimating a hefty 800 KMT to 1 MMT of wheat will be exported by Germany in March following around 800 KMT in February. The destinations for German wheat in March include Saudi Arabia, Iran, Algeria, Yemen and Morocco

- In its quarterly review of global flour exports, the International Grains Council (IGC) left the total trade outlook in 2014/15 almost unchanged from the prior season:

  • world flour exports in 2014/15 will total 12.48 MMT in wheat equivalent vs. 12.46 MMT in 2013/14

Importers:

  • Iraq was projected to import 1.45 MMT, up 90,000 tons from the previous expectation for 2014/15 and vs. 1.477 MMT in 2013/14
  • Tajikistan 2014/15 wheat flour imports estimated at 1.3 MMT, down 100,000 tons from the previous season
  • Afghanistan 2014/15 wheat flour imports estimated at 1.2 MMT vs. 1.248 MMT in 2013/14
  • Indonesia 2014/15 wheat flour imports estimated at 700,000 tons vs. 311,000 tons in 2013/14. This sharp rise followed the action of the Indonesian government in cutting import duties from 20% to 5%, as well as briefly opening a tariff-free quota for purchases from major origins
  • Angola 2014/15 wheat flour imports estimated at 640,000 tons vs. 652,000 tons in 2013/14.
  • US flour imports were projected for the current season at 230,000 tons vs. 256,000 tons in 2013/14

Exporters:

  • Kazakhstan 2014/15 wheat flour exports estimated at 2.5 MMT vs. 2.762 MMT in 2013/14
  • Turkey's flour exports in 2014/15 were forecast at 2.45 MMT, down 27% from 3.353 MMT in 2013/14
  • EU 2014/15 exports estimated at 1.1 MMT flour in wheat equivalent vs. 920,000 tons in the previous crop year
  • Prospective flour exports from Argentina were cut by 80,000 tons to 820,000 tons of wheat equivalent vs. 324,000 tons in the preceding year
  • Pakistan's flour export prospects were at 600,000 tons vs.400,000 tons last year
  • Iran's 2014/15 exports estimated at 500,000 tons of flour in wheat equivalent vs. 38,000 tons in 2013/14
  • US wheat flour exports, placed at 400,000 tons