Export Summary -China buys new-crop U.S. soybeans, Iraq buys rice

LX International

20/03/2014 22:10

March 20 (Reuters) - Snapshot of the global export markets for grains, 
oilseeds and edible oils as reported by government and private sources: 
     
    SOYBEAN SALE: Private exporters reported the sale of 120,000 tonnes of U.S. 
soybeans to China for delivery in the 2014/15 marketing year, which will start 
on Sept. 1, the U.S. Department of Agriculture said on Thursday.  ID:nL2N0MH0ID  
     
    RICE SALE: Iraq's state grains buyer has purchased a total 90,000 tonnes of 
rice to be sourced from Argentina and Uruguay in an international tender to buy 
at least 30,000 tonnes which closed this week, European traders said on 
Thursday.  ID:nL6N0MH2JC  
     
    FAILED CORN, SOYBEAN TENDER: The Taiwan Sugar Corp. has rejected all offers 
and made no purchase in a tender to buy 20,000 tonnes of U.S.-origin corn and 
15,000 tonnes of U.S.-origin soybeans, European traders said on Thursday. 
 ID:nL6N0MH23P  
     
    WHEAT TENDER: Bangladesh's state grains buyer has issued an international 
tender to purchase and import 50,000 tonnes of wheat, European traders said. 
Tender closing date is Apr. 3, traders said.  ID:nL6N0MH29O  
     
    SOYOIL, SUNOIL TENDER: Egyptian commodity purchasing enterprise Meditrade is 
seeking 30,000 tonnes of sunflower oil and 15,000 tonnes of soybean oil in a 
tender, a Cairo-based trader said. The closing date for the tender is March 26. 
 ID:nL6N0MH3IV  
     
    SUNOIL TENDER: Egypt's state-owned Food Industries Holding Company (FIHC) is 
seeking 40,000 tonnes of sunflower oil in an international tender, a Cairo-based 
trader said. The deadline for bids is March 27, the trader said.  ID:nL6N0MH4SE  
     
    WHEAT EXPORT TENDER: India's state-run PEC Ltd has floated two tenders to 
export 65,000 tonnes of wheat from Krishnapatnam and Visakhapatnam ports on the 
east coast.  ID:nL3N0MH3EK  
     
    WHEAT EXPORT TENDER: India's state-run trader MMTC  MMTC.NS  has offered 
35,000 tonnes of wheat for exports from the Pipavav port on the country's west 
coast, the company said in a statement.  ID:nL3N0MH2JH  
     
    PENDING TENDERS: 
     
    SOYOIL TENDER: Bangladesh's state purchasing agency Trading Corporation of 
Bangladesh has issued an international tender to purchase 2,000 tonnes of 
refined soyoil, traders said. Tender deadline is March 19.  ID:nL6N0LM11S  
     
    DURUM TENDER: Algeria's state grains agency issued on Tuesday a tender to 
buy 50,000 tonnes of optional-origin durum wheat for shipment between April 1 
and 15, European traders said. The deadline for bids is on March 20, they said. 
 ID:nL6N0MF437  
     
    WHEAT TENDER: A Libyan state-backed buyer in Benghazi is tendering to 
purchase 50,000 tonnes of milling wheat for April shipment, European traders 
said. Tender deadline is March 23.  ID:nL6N0MG42N  
     
    BARLEY TENDER: Jordan's Ministry of Trade and Industry issued a new 
international tender to buy 100,000 tonnes of feed barley, a source at the 
ministry said on Thursday. The barley is for shipment dates including June 1-15, 
July 1-15 and July 1-31, the source said. The closing date for the tender is 
March 26.  ID:nL6N0M329U  
     
    SUNOIL TENDER: Iraq issued a tender on Tuesday to purchase a minimum of 
10,000 tonnes of sunflower oil, the trade ministry said in a statement. Tender 
deadline is March 23 and offers must remain valid until March 27. The oil can be 
sourced from any origin apart from China, the statement said.  ID:nL6N0M8112  
     
    TOP STORIES: 
     
    * China bought its first U.S. corn in more than two months last week, the 
U.S. Agriculture Department said Thursday, despite an unresolved dispute over a 
biotech variety that has not been approved for import by the country. 
 ID:nL2N0MH12N  
     
    * The grounding of a ship in Argentina's main port of Rosario has now held 
up about 90 grains cargo vessels, but the manager of the local port chamber said 
on Thursday the ship could be freed within hours.  ID:nL2N0MH16D  
     
    * Thick ice on Eastern Canada waterways will hamper efforts to clear a 
massive crop backlog, with Port of Thunder Bay, Ontario, likely to open at least 
a week later than usual this spring, its chief executive said on Thursday. 
 ID:nL2N0MH0L4  
     
    * Ukraine's coming corn crop could in the worst case drop by a third to 20 
million tonnes as the current crisis prompts banks to reassess risk, making it 
hard for farmers to get funding for seeds and other necessities, traders and 
analysts said.  ID:nL6N0MH51U  
     
    * A leading Chinese soy buyer is trying to resell cargoes set to be exported 
from South America in April and May as bird flu outbreaks reduce demand, hoping 
that the United States will take the shipments, said an executive at the firm. 
 ID:nL3N0MH0UH  
     
    * Chinese customs has confirmed that a nationwide crackdown on smuggling of 
agricultural products will include all major crops that the country produces, 
the official Xinhua news agency reported late on Wednesday.  ID:nL3N0MH0LO  
     
    * Leading container shipping lines said they will raise Asia-U.S. freight 
rates by $300 per 40-foot container (FEU) from April 15 instead of May 1, after 
rates declined in February and early March.  ID:nL6N0MH11T  
     
    * Analyst Strategie Grains on Thursday raised sharply its outlook for 
European Union soft wheat exports in 2013/14 to reflect strong shipments from 
Romania, Germany and Poland.  ID:nL6N0MH2QW  
 
 (Compiled by Karl Plume in Chicago) 
 ((karl.plume@thomsonreuters.com; +1 312 408 8704; Reuters Messaging: 
karl.plume.thomsonreuters.com@reuters.net)) 
 
Keywords: GRAIN EXPORTSUMMARY/