Export Summary — US sells soybeans to China; Taiwan passes on corn

(.) Oct 14 (Reuters) — Snapshot of the global export markets for grains, oilseeds and edible oils as reported by government and private sources as of the end of business on Wednesday: SOYBEAN SALES: The US Department of Agriculture confirmed private sales of 470,000 metric tons of US soybeans for delivery to China in the 2026-27 marketing year that began on September 1, 2026. The announcement was the first under the USDA's daily reporting rules since October 5. CORN TENDER PASSED: Taiwan's MFIG purchasing group made no purchase in an international tender seeking about 65,000 metric tons of animal feed corn that closed on Wednesday, European traders said. Prices offered were regarded as too high, traders said. Traders believed importers were hoping for further falls in corn prices as the unexpectedly large US harvest progresses. WHEAT PURCHASE UPDATE: Algeria's state grains agency OAIC is believed to have purchased around 660,000 to 720,000 metric tons of milling wheat in an international tender on Tuesday, European traders estimated on Wednesday. The totals were above trader estimates of the purchase on Tuesday evening, which had mostly been around 600,000 tons. Trader estimates of