- South Korea KFMC seeks 24,000 tons of wheat for Aug-Sept shipment

- Morocco will raise the custom duty on soft wheat imports to 75% from 17.5% from May 1 until Oct 31 to protect the local harvest. Morocco is on course to harvest a record cereal crop of more than 10 MMT this year vs. last year's crop of 6.7 MMT, incl. 3.7 MMT of soft wheat

- Warships from the Saudi-led coalition have blocked a vessel carrying 47,250 tons of wheat from entering a Yemeni port, demanding United Nations guarantees that the cargo would not go to military personnel

- Russia's Ag Min said farmers planted 1.2 MH of spring grains through April 10, or 4% of the planned total planted area vs. 1.3 MH a year ago

- Weekly US wheat export sales data for week ended Apr 2 – 356,700 tons, incl. 319,900 tons for 2014/15 (expected 50,000-150,000 tons) and 36,800 tons for 2015/16 (expected 100,000-200,000 tons)

- EU in week ended Apr 3 awarded licences to import 42,960 tons of Ukrainian wheat under an annual duty-free quota. The award meant that the EU had now awarded almost 375,115 tons out of a total volume of 950,000 tons available in 2015

- EU in week ended Apr 7 granted licences to export 189,000 tons of soft wheat, the lowest volume in nearly nine months, bringing the total this season to 25.682 MMT vs. 23.864 MMT a year ago

- February UK wheat exports totaled 267,116 tons, a 3 year high, including 135 KMT to non-EU

- USDA pared its forecast of US 2014/15 wheat ending stocks to 684 million bushels, from 691 million in March, reflecting reduced imports and higher feed use, above an average of analyst estimates of 692 MB. However, USDA cut its forecast of 2014/15 US wheat exports by 20 million bushels to 880 million, a five-year low

- USDA cut world wheat inventories to 197.21 MMT from 197.71 MMT and vs. average expectation of 197.51 MMT