-AgroConsult cut its Brazil's 2011/12 crop estimate to 67.1 million tons from 69.9 million tons for soybeans yesterday.
-FranceAgrimer released its grain estimates yesterday. Talk that the Morocco, a major client for France, may suffer wheat crop losses around 3-4 million tonnes.
-The export market is pretty quiet. Egypt issued a tender for 60,000 tons of milling wheat for May 1-10 shipment. Taiwan bought 60,000 tons of Brazilian soybean.