EXPORT BUSINESS - GRAINS/OILSEEDS COMPLEX

  Grain and oilseed complex export
  business reported since yesterday by government agencies and
  private exporters -
      Japanese crushers bought 4,000 to 5,000 tonnes of Canadian
  rapeseed in export business overnight for May shipment...Greece
  has agreed to buy 27,000 to 33,000 tonnes of Spanish corn for
  spot shipment, with Italy buying 6,000 to 7,000 tonnes of
  Spanish corn for last/half April shipment, a spokesman for
  cargill's spanish unit said...Taiwan bought 54,000 tonnes of
  U.S. soybeans for April 20/May 5 delivery C and F...
      (Continued) - The India State Trading Corp bought 20,000
  tonnes of optional origin soybean oil for May 20/June 20
  shipment and 6,000 tonnes of RBD palm olein for April 25/May 25
  shipment at its import tender yesterday...Pakistan rejected
  offers at its tender for 12,000 tonnes of RBD palm oil, but is
  expected to retender next week...The U.S. Department of
  Agriculture (USDA) said it has accepted a bid for an export
  bonus to cover the sale of 50,000 tonnes of U.S. hard red
  winter wehat to Sri Lanka for April 8/16 shipment, with an
  additional 10,000 tonnes of wheat still available to Sri Lanka
  under the Export Enhancement Program (EEP)...
      (Continued) - The USDA said it has accepted a bid for an
  export bonus to cover the sale of 18,000 tonnes of U.S. durum
  wheat to Algeria for June 20/30 shipment, with an additional
  228,000 tonnes still available to Algeria under the EEP.
      Tenders - Jordan will tender Monday, April 6, for 225,000
  tonnes of U.S. hard and soft wheats for various April/Nov
  shipments under the EEP.
      Market talk and comment - The USDA said Turkey has been
  made eligible for the sale of up to 70,000 tonnes of medium
  grain milled rice under the EEP...
      Market talk and comment (continued) - The USDA announced
  Colombia has been made eligible for sale of up to 15,000 tonnes
  of U.S. barley malt under the EEP...The Canadian Grain
  Commission reported Canadian wheat exports in the week ended
  March 29 totalled 447,200 tonnes, compared with 277,700 the
  previous week, with 1986/87 season exports so far up to
  10,228,600 tonnes versus 10,637,500 for the 1985/86 season,
  with barley exports 38,800 tonnes, 106,700 tonnes, 4,804,500
  and 1,892,600 respectively, rapeseed 43,900 tonnes, 50,700
  tonnes, 1,292,600 and 920,000 respectively and flaxseed 20,700
  tonnes, 13,600 tonens, 450,900 and 392,600 respectively...
      Market talk and comment (continued) - Pakistan is not
  emerging as a major wheat exporter as World market prospects
  are not good enough, a government official said...Active
  timecharter fixing by Soviet operators to cover USSR grain
  imprts featured the ocean freight market this morning, ship
  brokers said...Dry cargo futures on the BIFFEX extended
  yesterday's strong advance, with sharp gains of 22 to 17 points
  in response to rumors of higher rates for grain business from
  the U.S. Gulf to Japan, dealers said.
  

