-Chinese corn crop losses from typhoon damage expected
-USDA reports soybean sales to China
-Brazil Sept corn export ideas move higher
-France lowers wheat export ideas
-Ukraine export ideas declining, dryness prevents start of wheat planting
 Private ideas out of China are reflecting potential corn production losses of 5-10 MMT as a result of the recent typhoons impacting key northeastern growing areas. China’s ag ministry last estimated the crop at 264.7 MMT, which was down from the previous month’s 266.5 MMT estimate, but still up from last year’s 260.8 MMT, while USDA put the crop at 260.0 MMT in Friday’s WASDE report. With China already being aggressive buyers of corn, with widespread ideas of their grain de-stockpiling in recent years having been too aggressive, these crop losses may simply add to their import needs this year.
ï‚· USDA reported the sale of 327k tonnes of soybeans to China for 2020/21 delivery this morning.
 Brazilian ag exporter association ANEC raised their estimate of expected September corn exports to 6.23 MMT from previous ideas of 5.7 MMT and would be just short of last year’s record September exports of 6.438 MMT, while declining only marginally from 6.482 MMT in August. They still see September soybean exports at 4.3 MMT, which compare to 4.6 MMT last year and 6.2 MMT in August.
 France solidly lowered their estimate of this year’s soft wheat exports outside the EU to 6.6 MMT from their initial estimate of 7.75 MMT in July and would be less than half of last year’s 13.46 MMT as a result of this year’s very poor crop.
 APK-Inform sees the Ukraine’s sunseed crop at around 15.53 vs last year’s 16.10 MMT, prompting an expected decline in sunoil exports this year to 6.17 MMT vs last year’s 6.63 MMT. Ukraine is the world’s largest sunoil exporter. They also expect Ukraine’s rapeseed exports to decline to 2.45 MMT from last year’s 2.89 MMT and soybean exports to 2.2 MMT from 2.63 MMT last year.
 APK-Inform also lowered their estimate of Ukraine’s corn crop to 35.1 MMT from 37.3 MMT previously, resulting in export ideas being lowered to 28.5 MMT from 29.4 MMT previously. In last Friday’s WASDE report, USDA lowered Ukraine’s corn crop by only 1 MMT to 38.5 MMT and still has exports at 32.5 MMT, both above last year’s 35.9 MMT and 30.5 MMT, respectively. The consultant did tick their estimate of Ukraine’s wheat crop up to 25.5 MMT from 25.2 MMT previously (USDA 27.0 MMT/29.2 MMT last year). However, planting conditions for the new winter wheat crop are said to be the worst in the last 10 years as widespread dryness continues, with soil moisture not enough to begin planting activity on up to 80% of total area. Rain forecasts are not promising either and could push the start of planting into early October.
ï‚· Turkey is believed to have initially purchased 440k tonnes of wheat following their recent tender, the vast majority expected to be Black Sea origin, with prices ranging from $240.49-$248.29/tonne c&f.
ï‚· Taiwan bought 65k tonnes of Brazilian corn for FH Dec shipment at +190CH (~$222.58/tonne), with no U.S. corn being offered. South Korea passed on a tender for 60k tonnes of corn citing prices being too high.
 Algeria is expected to revise its wheat tender terms for future purchases, allowing insect damage of up to 0.5% from the very strict 0.1% requirement typical in their tenders. They are also seen raising the protein content, as well. These moves are expected to open up tenders to Black Sea origins as a result of France’s sharp decline in exportable supplies, which is typically Algeria’s main supplier.
ï‚· After the close yesterday, Egypt tendered for an unspecified amount of wheat for Nov 10-20 shipment. The lowest offer on a fob basis was for 60k tonnes of Polish wheat at $228.43/tonne, with the lowest Russian offer at $234.99 fob. However, Russia was still the lowest including freight at $248.24 c&f, with Polish at $249.23/tonne c&f. Another 285k tonnes of Russian wheat was offered at $249.23-$253.11/tonne c&f. In their last tender several weeks ago, Egypt bought only 55k tonnes of Russian wheat at $225.00 fob ($240.50 c&f).
Weather
Dry weather looks to dominate the majority of the corn belt through the week ahead with only a few showers across western MN and western IA by Thursday night and early Friday producing less than .30†with spotty coverage. A front looks to bring totals of generally less than .35†to most of MN, WI and the northern 1/3 of IA and IL by around Tuesday of next week with little to no rain elsewhere. Temps in the next 10 days will run below average in most of the region, with no cold air threats seen through the 16-day period.