Friday 25 August 2017

U.S. sells soybeans to China, Egypt buys soyoil

Aug 24 (Reuters) - Snapshot of the global export markets for grains, oilseeds and edible oils as reported by government and private sources as of the end of business on Thursday:
SOYBEAN SALE: The U.S. Department of Agriculture said private exporters sold 132,000 tonnes of U.S. soybeans to China for delivery during the 2017/18 marketing year that begins Sept. 1, 2017.
SOYOIL PURCHASE: Egypt's state buyer GASC said it bought 35,000 tonnes of soyoil in a tender. It made the purchase in Egyptian pounds. GASC also tendered for sunflower oil but said it did not buy any.
CORN PURCHASE: South Korea's Major Feedmill Group (MFG) purchased about 60,000 tonnes of corn to be sourced from optional origins in an international tender for up to 70,000 tonnes which closed on Wednesday, European traders said. The corn was bought at about $184.60 a tonne c&f plus a $1.20 a tonne surcharge for additional port unloading. The seller was trading house C.J. International, they said.
SOYMEAL TENDER: Iranian state-owned animal feed importer SLAL issued an international tender to purchase about 200,000 tonnes of soymeal, European traders said. Offers in the tender must be submitted on Oct. 2. The soymeal can be sourced from Argentina or Brazil only and prices must be submitted in euros.
COPRA MEAL PURCHASE: South Korea's largest feedmaker Nonghyup Feed Inc. (NOFI) rejected offers and made no purchase in a tender for 12,000 tonnes of rapeseed animal feed meal, 12,000 tonnes of canola meal and 12,000 tonnes of palm kernel meal, European traders said. But NOFI did buy 6,000 tonnes of copra feed meal also sought in the tender at $156 a tonne c&f plus a $1.50 a tonne surcharge for additional port unloading, they said.
WHEAT PURCHASE: Iraq's state grains board bought 50,000 tonnes of wheat to be sourced from the United States and 50,000 tonnes from Australia in an international tender, European traders said. The tender had sought wheat sourced only from the United States or Australia. The U.S. wheat was all purchased at $297 a tonne c&f free out and the Australian wheat was bought at $298.77 a tonne free out, the traders said.
WHEAT PURCHASE: Japan's Ministry of Agriculture bought a total of 133,791 tonnes of food-quality wheat from the United States and Canada in a regular tender that closed late on Thursday.
WHEAT TENDER: Tunisia's state grains agency issued an international tender to purchase 167,000 tonnes of soft milling wheat, European traders said. The origin was optional and the tender deadline is Aug. 25, they said.
WHEAT TENDER: Jordan's state grains buyer issued an international tender to purchase 100,000 tonnes of hard milling wheat which can be sourced from optional origins, European traders said. The tender closes on Sept. 6. A new tender had been expected after Jordan bought just 50,000 tonnes in a tender for 100,000 tonnes on Wednesday.
WHEAT TENDER: The Ethiopian government issued an international tender to buy about 70,000 tonnes of milling wheat, European traders said. The tender deadline is Sept. 7. Origin is optional and shipment is sought around a month after contract signing.
BARLEY TENDER PASSED: Jordan's state grain buyer made no purchase in an international tender for 100,000 tonnes of feed barley which closed on Thursday, European traders said. A new barley tender is expected to be issued in coming days closing on Sept. 7, they said. Only two trading companies were said to have participated in Thursday's barley tender.
RICE TENDER: Bangladesh's state grains buyer issued another international tender to purchase 50,000 tonnes of rice, traders said, stepping up the country's rice import program. The tender deadline is Sept. 12. The latest tender on Thursday sought non-basmati parboiled rice with offers to be made in CIF liner-out terms, including cost, insurance, freight and ship unloading costs.
PENDING TENDERS:
FEED WHEAT AND BARLEY TENDER UPDATE: Japan's Ministry of Agriculture said it received no offers for feed-quality wheat or barley in a simultaneous buy and sell (SBS) auction that closed late on Wednesday. The ministry had sought 120,000 tonnes of feed wheat and 200,000 tonnes of feed barley to be loaded by Nov. 30 and arrive in Japan by Jan. 31, 2018, in the tender that is usually conducted weekly. It is seeking the same amounts for each grain in a similar tender that will be held on Aug. 30.
WHEAT TENDER: Algeria's state grains agency OAIC issued an international tender to buy milling wheat to be sourced from optional origins, European traders said. The tender sought a nominal 50,000 tonnes but Algeria often buys considerably more in its tenders than the nominal volume sought. Tender deadline is Aug. 24.
RICE TENDER: Mauritius' state purchasing agency issued an international tender to buy up to 6,000 tonnes of long grain white rice sourced from optional origins, European traders said. The rice was sought for delivery between Oct. 1 to Dec. 31 in shipping containers. Tender deadline is Aug. 24.
RICE TENDER: Iraq's state grain buyer issued an international tender to buy 30,000 tonnes of rice, a government source said. The deadline for offers is Aug. 27 and rice is being sought from all origins, the source said. Offers should remain valid until Aug. 31.
FEED BARLEY, CORN TENDER: Iranian state-owned animal feed importer SLAL issued two international tenders to buy up to 200,000 tonnes of feed barley and 200,000 tonnes of corn, European traders said. The tenders close on Sept. 11.


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