- South Korea's KFA bought 60,000 tons of corn in a directly-negotiated purchase after rejecting offers in an international tender which closed on Mar 26. KFA's Busan section purchased the yellow corn at 196.99 $/t c&f for November shipment

- Argoconsult increased its estimate of Brazilian 2014/15 corn crop by 0.4 MMT to 79.4 MMT

- Weekly US corn export sales data for week ended Mar 19 – 464,000 tons, incl. 435,000 tons for 2014/15 vs. expected 400,000-600,000 tons and 29,000 tons for 2015/2016 vs. expected 0-100,000 tons

- EU in week ended March 24 granted licences to export 65 KMT of corn, bringing the total this season to 2.3 MMT vs. 2.259 MMT a year ago

- EU in week ended March 24 awarded 189 KMT of corn (maize) import certificates, taking the volume so far this season to 6.902 MMT vs. 10.112 MMT a year ago

- IGC forecasts global 2015/16 corn crop at 941 MMT vs. 990 MMT in 2014/15

- IGC forecasts global corn stocks at the end of the 2015/16 to fall to 171 MMT, down from 191 MMT a year earlier

- CWB forecasts global 2015/16 corn crop at 973.5 MMT vs. 989.7 MMT in 2014/15

- AgResource forecasts global 2015/16 corn crop at 984.9 MMT vs. 989.7 MMT in 2014/15

- CEC estimated S.Africa's 2015 corn crop at 9,666 MMT vs. previous forecast of 9,665 MMT and vs. 14.25 MMT in 2014

- CEC estimated S.Africa's 2015 sorghum crop at 158,300 tons vs. previous forecast of 178,700 tons and vs. 265,000 tons in 2014

- CEC estimated S.Africa's 2015 sunflower crop at 578,600 tons vs. previous forecast of 574,300 tons and vs. 832,000 tons in 2014