China buys US soybeans and US soft red winter wheat
Snapshot of the global export markets for grains, oilseeds and edible oils reported by government and private sources, as of the end of business on Friday:
SOYBEAN, WHEAT, CORN SALES: The U.S. Department of Agriculture reported exporters sold 136,000 metric tons of U.S. soy and 110,000 metric tons of U.S. soft red winter wheat to China. Exporters also sold 165,000 metric tons of U.S. corn to unknown buyers, the USDA said.
GRAIN EXPORT TAX: Russia’s Agriculture Ministry set grain export taxes for Dec. 13-19.
PENDING TENDERS:
NON-GMO SOYBEAN TENDER: South Korea’s state-backed Agro-Fisheries & Food Trade Corp issued international tenders to purchase around 20,000 metric tons of food-quality soybeans free of genetically modified organisms (GMOs), European traders said. The deadline for submissions of price offers was Dec. 5. The agency has a separate international tender for 50,000 metric tons of soybeans in shipping containers that also closed on Dec. 5.
MILLING WHEAT TENDER: Bangladesh’s state grains buyer issued an international tender to purchase 50,000 metric tons of milling wheat, European traders said. The deadline for submission of price offers is Dec. 12.
WHEAT TENDER: Bangladesh’s state grains buyer issued another international tender to purchase 50,000 metric tons of milling wheat, European traders said. The deadline for submission of price offers is Dec. 19,they said.
WHEAT TENDER: A government agency in Pakistan issued an international tender to purchase and import 110,000 metric tons of wheat, European traders said. The deadline for submission of price offers is Dec. 27.
Source: Reuters (Compiled by Tom Polansek in Chicago)
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