Tuesday Morning Snippets, Rumour And Plain Lies

Egypt are tendering for 55-60,000 MT of "pukka" wheat from the likes of the US, Canada, Australia, France etc. They are also in for 30-60,000 MT of "any old rubbish" from the usual suspects.

Iraq are tendering for "at least" 100,000 MT of wheat.

A US study group, on tour in China, are the latest to say that the Chinese corn crop this year has been badly hit by drought and will come in well under the current official estimate of 165.5 MMT.

China’s National Grains and Oils Information Centre disagree and would like to assure everyone that all is well, and in case of emergency they have some magic corn kernels they can plant so it doesn't really matter.

The Indians are still looking for the key to the warehouse with their famed 30 million tonnes of wheat in it, but there's still no sign of it yet.