Russia plans to sell 2 mln T of grain from stockpile in 2018/19 - Ifax

MOSCOW, Aug 20 (Reuters) - Russia plans to sell about 2 million tonnes of grain from state stockpiles in the 2018/19 marketing season that started on July 1, the Interfax news agency quoted the agriculture ministry as saying on Monday.

* The ministry said it is considering requesting permission from the government to sell 1.5 million tonnes of grain this season in addition to the previously approved 500,000 tonnes, Interfax reported;

* It plans to sell the grain to domestic and export markets from stockpiles in Russia's southern, Volga and other regions;

GRAINS-Soybeans higher on China hopes, wheat eases as Russia news eyed

* Soy up 1 pct on hopes U.S.-China talks will revive trade * Wheat subdued after rallying over 3 pct on Friday * Market seeks more clues on possible Russian export curbs (Updates with European trading, changes byline/dateline) By Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, Aug 20 (Reuters) - Chicago soybean futures rose 1 percent on Monday as investors pinned hopes on upcoming talks between Washington and Beijing to defuse trade tensions and help revive U.S. soy shipments to the world's biggest importer of the oilseed.

Hot dry weather could cut Ukraine's maize yield, hamper winter sowing

KIEV, Aug 20 (Reuters) - Dry and hot weather across most Ukrainian regions may reduce the maize yield and could affect the 2019 winter grain sowing, analyst UkrAgroConsult said on Monday.

"This (hot and dry weather) adversely affects the completion of growth of late crops and hampers the accumulation of soil moisture for sowing 2019-harvest winter crops," it said in a statement.

Ukraine has already completed the 2018 early grain harvest and plans to start maize threshing in coming weeks.

Pest attack, scanty rains to dent India cotton exports -trade body head

By Rajendra Jadhav

MUMBAI, Aug 20 (Reuters) - India is likely to export 7 million bales of cotton in 2018/19, down 30 percent from an earlier estimate, as scanty rainfall and an attack of pink bollworms are likely to squeeze crop yields, the head of a leading trade body told Reuters.

Lower shipments from the world's biggest producer of the fibre amid rising demand from top consumer China could support global prices, which on Monday were trading near their lowest level in over four months.

Brazil's Marfrig sells Keystone for $2.4 bln - statement

SAO PAULO, Aug 20 (Reuters) - Brazilian meatpacker Marfrig Global Foods said on Monday it had closed a deal to sell its indirect subsidiary Keystone Foods Holdings Limited to U.S. firm Tyson Foods Inc..

The enterprise value of the transaction was about $2.4 billion, Marfrig said in a statement, adding that the proceeds would be used to reduce debt and boost Marfrig's capital. (Reporting by Ana Mano Editing by Edmund Blair)

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GRAINS-Soybeans jump 1 pct on China demand hopes; wheat eases

* Wheat dips after rallying more than 3 pct on Friday * Soybeans jump on expectations of China buying U.S. cargoes * Wheat was supported in previous session by concerns Russia may curb grain exports (Adds details, quotes) By Naveen Thukral SINGAPORE, Aug 20 (Reuters) - Chicago soybean futures climbed more than 1 percent on Monday as traders expect China to resume purchases of U.S. cargoes after planned talks between the two nations. Wheat dropped as the market eased after climbing more than 3 percent on Friday although losses were checked by concerns that

TABLE-Japan's use of corn in animal feed rises in June

TOKYO, Aug 20 (Reuters) - Japan's use of corn in animal feed rose to 48.5 percent in June from a year earlier, preliminary data from the Ministry of Agriculture, Forestry and Fisheries showed on Monday. Below is a table based on preliminary data from the farm ministry for Japan's compound feed shipments in tonnes and each grain's percentage share in feed production: Jun-2018 May-2018 Jun-2017 Total Shipments 1,950,767 2,028,503 1,948,503 Main Ingredients

GRAINS-Wheat retreats from 11-day high, possible Russian export ban limits losses

SYDNEY, Aug 20 (Reuters) - U.S. wheat futures fell on Monday, easing after gains of more than 3 percent in the previous session when prices hit an 11-day high, although losses were checked by concerns that Russia may limit exports. FUNDAMENTALS * The most active wheat futures on the Chicago Board Of Trade were down 0.7 percent at $5.75-3/4 a bushel by 0156 GMT, having closed up 3.2 percent on Friday when prices hit $5.82-3/4 a bushel - the highest since Aug. 7. * The most active soybean futures were up 1.3 percent

MEDIA-China buys over 36 mln T South American soybean in May-August -Xinhua

BEIJING, Aug 19 (Reuters) - -- Source link: http://www.xinhuanet.com/english/2018-08/19/c_137402188.htm --China bought over 36 million tonnes of soybeans from South American countries during the May-August period this year, state-owned Xinhua News reported on Sunday, adding that more purchases will be made in November. -- Note: Reuters has not verified this story and does not vouch for its accuracy (Reporting by Muyu Xu and Tom Daly)

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