EU rapeseed crop to fall after Polish frosts, insect damage

* Insect damage a worry in France, UK

* Poland's crop suffered frost damage

* Increased EU import demand possible

HAMBURG, May 4 (Reuters) - The European Union's rapeseed
harvest will fall this summer after frost hit crops in Poland
while insect damage is causing concern in France and Britain,
experts said on Wednesday.

UPDATE 1-EU clears 848,000 tonnes soft wheat export licences this week

(Adds details)

PARIS, May 4 (Reuters) - The European Union granted export
licences for 848,000 tonnes of soft wheat this week, taking the
total since the beginning of the 2015/16 season on July 1 to
25.9 million tonnes, official data showed on Wednesday.

The volume so far this season was down 7 percent compared
with the same stage in 2014/15.

U.S. Cash Soymeal-Offers flat as demand picks up

CHICAGO, May 4 (Reuters) - Spot basis offers for U.S.
soymeal were unchanged across the rail and truck market on
Wednesday, dealers said.
* End user demand was picking up as livestock and poultry
producers booked deals to take advantage of weakness in the
futures market during the past few days.
* Demand remained light on the futures market, a trader
said.
* But offers for delivery by barge to the U.S. Gulf held
steady on both a CIF and FOB basis due to tight supplies at
river terminals.

EU clears 848,000 tonnes soft wheat export licences this week

PARIS, May 4 (Reuters) - The European Union granted export
licences for 848,000 tonnes of soft wheat this week, taking the
total since the beginning of the 2015/16 season on July 1 to
25.9 million tonnes, official data showed on Wednesday.

The EU also awarded this week licences to import 286,000
tonnes of maize, taking the volume so far this season to 11.7
million tonnes.

(Reporting by Raphael Bloch and Sybille de La Hamaide, writing
by Gus Trompiz)

CME live cattle, hog futures turn lower

May 4 (Reuters) - Chicago Mercantile Exchange live cattle
futures on Wednesday snapped a three-day win streak, hit
by profit-taking and Tuesday's sharply lower wholesale beef
prices, traders said.

* At 8:57 a.m. CDT (1357 GMT) June was 0.750 cent per
lb lower at 115.625 cents, and August was down 0.600 cent
to 113.750.

* The afternoon's wholesale choice beef price, or cutout, on
Tuesday tumbled $3.83 per cwt from Monday to $205.94. Select
cuts sagged $2.94 to $197.02, the U.S. Department of Agriculture
said.

Analysts slash Brazil winter crop forecast by 5.4 pct -survey

By Gustavo Bonato
SAO PAULO, May 4 (Reuters) - Dry weather plaguing Brazil's
center-west corn belt in recent weeks has weighed on forecasts
for the winter crop, which have fallen on average by 5.4 percent
in a one month-period, a Reuters survey showed.
Brazil's winter harvest, also known as the second corn crop,
which accounts for two-thirds of annual production, will reach
54 million tonnes in 2015/16, according to the average of 11
estimates by analysts and government bodies since April 6.

South Africa imports 1.96 million tonnes of maize in 2015/16 season

JOHANNESBURG, May 4 (Reuters) - South Africa imported 1.96
million tonnes of maize during the 2015/16 marketing season
which ended April 30, compared with just 65,000 tonnes in the
previous season, data released by the Grain Information Service
(SAGIS) on Wednesday showed.

Africa's biggest producer of the staple grain is generally a
net maize exporter of maize but the crop has been scorched by
drought in the past two seasons, triggering shortages.

Baltic sea freight index down on sluggish vessel demand

May 4 (Reuters) - The Baltic Exchange's main sea freight
index, tracking rates for ships carrying dry bulk
commodities, continued to dip on Wednesday due to sluggish
demand across vessel segments.

The overall index, which factors in rates for capesize,
panamax, supramax and handysize shipping vessels, fell 30
points, or 4.4 percent at 652 points.

Shipping activity is expected to remain thin for the week
due to the upcoming holidays in Japan and Korea, ship brokerage
firm Clarksons Platou Securities said in a note on Tuesday.

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