The Philippine and Indonesian purchases follow a buying frenzy of Australian wheat from India, who have been trying to replenish stocks after a failed monsoon season resulted in a national shortage.

In January India imported over one million tonnes of wheat from Australia and the Ukraine with shipments expected to arrive this month. 

Mills in the Philippines bought two cargoes of Australian wheat in recent deals for shipment in June and July while Indonesian buyers are in the market to book cargoes of May delivery.

Australian Standard Wheat (ASW) was traded into the Philippines at $205-$210 a tonne, including cost and freight. Flour millers in Indonesia, that take more than half of its wheat supplies from Australia, were actively looking for May wheat shipments.

"Indonesian buyers have yet to cover about half of their requirement for May," said a Singapore-based trader, adding that the country buys around 800,000 tonnes of wheat a month.

"They are talks with trading companies to sign deals."

Chicago wheat futures slid for a third consecutive session on lack of global demand for US shipments.

Singapore traders who have been active in the Indian wheat market told Reuters the Indian wheat harvest will pick up by end-March and some western states have already started receiving local supplies.

"I don't think India will need much imported wheat until late 2017 and that will also depend on the size of crop."

The traders said two India’s two major ports are facing delays due to large wheat arrivals.

"There is about seven to 10 days of waiting time for ships," the trader said.

India's wheat imports from Russia, France and Ukraine could come to a halt after March, as New Delhi has asked exporters to fumigate their cargoes with methyl bromide, an insect control gas banned in Europe and the Black Sea region, a regulation Australia is set to capitalise on.