Wednesday, September 13, 2017

Export Summary-U.S. sells soy to Mexico; South Korea buys corn

Sept 13 (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 Wednesday:
SOYBEAN SALE: The U.S. Department of Agriculture said private exporters sold 167,370 tonnes of U.S. soybeans to Mexico for delivery during the 2017/18 corn marketing year that began Sept. 1.
CORN PURCHASE: South Korea's largest feedmaker Nonghyup Feed Inc. (NOFI) bought 138,000 tonnes of corn in an international tender which closed on Wednesday, European traders said. NOFI had also sought 65,000 tonnes of feed wheat, but rejected all offers and made no purchase.
CORN PURCHASE: A group of Israeli private buyers bought at least 30,000 tonnes of corn in a tender which closed on Wednesday, European traders said. The corn was expected to be sourced from the Black Sea region. It was purchased at around $172.80 a tonne c&f for November/December shipment. The group also purchased about 13,000 tonnes of feed wheat at around $182 a tonne c&f. No purchase was believed to have been made of 20,000 tonnes of feed barley also tendered for.
WHEAT TENDER PASSED: Jordan's state grain buyer made no purchase in an international tender to buy 100,000 tonnes of milling wheat which closed on Wednesday, European traders said. A new tender is expected to be issued in coming days, closing on Sept. 20, they said.
FEED WHEAT AND BARLEY PURCHASE: Japan's Ministry of Agriculture said it would import 100 tonnes of feed-quality wheat, and 6,000 tonnes of barley for livestock use, via a simultaneous buy and sell (SBS) auction that closed late on Wednesday.
PENDING TENDERS:
RICE TENDER UPDATE: The lowest offer in a tender from Bangladesh's state grains buyer to buy 50,000 tonnes of rice which closed on Tuesday was $438.00 a tonne CIF liner out, sources in the country's grains buying agency and European traders said. The offer was submitted by Thailand-based trading company Siam Rice trading. Offers were still being considered and no purchase had yet been made, they said.
BARLEY TENDER: Algeria's state grains agency issued an international tender to purchase a nominal 35,000 tonnes of feed barley, European traders said. Origin was optional and tender deadline is Sept. 13, they said. Shipment was sought between Nov. 1-15 in at least two consignments.
WHEAT TENDER: Japan's Ministry of Agriculture is seeking to buy a total of 139,382 tonnes of food-quality wheat from the United States, Canada and Australia in a regular tender that will close late on Sept. 14.
FEED BARLEY TENDER: Jordan's state grain buyer issued another international tender to purchase 100,000 tonnes of animal feed barley to be sourced from optional origins, European traders said. Tender deadline is Sept. 14. Traders had been anticipating a new tender after Jordan made no purchase in its previous tender for 100,000 tonnes of barley on Sept. 7.
SOYBEAN TENDER: South Korea's state-backed Agro-Fisheries & Food Trade Corp issued international tenders to purchase around 10,000 tonnes of soybeans free of genetically modified organisms. The registration deadline to participate in both tenders is Sept. 14 with offers to be submitted on Sept. 15, 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.

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