Articles By Mark Shenk

17 May 2024 | Mark Shenk
The US hard red winter (HRW) wheat harvest in Texas slowed due to rain, while hard red spring (HRS) and durum crops continues at a steady clip, this year’s second weekly harvest report update from the US Wheat Associates (USWA) showed on Friday May 17.
16 May 2024 | Mark Shenk
US weekly net sales of wheat for the 2023/24 crop year totaled 78,500 tonnes in the week to May 9, up 91% from the previous week and “noticeably” from the prior four-week average...
14 May 2024 | Mark Shenk
Participants taking part in the Wheat Quality Council’s 2024 Hard Red Winter (HRW) Tour in Kansas saw evidence of both healthy potential yields and diseases on the first day of crop inspection.
13 May 2024 | Mark Shenk
Export inspections of US wheat increased by 8.1% to 366,339 tonnes during the week to Thursday May 9 from 338,874 tonnes the previous week, according to data from the US Department of Agriculture (USDA) released on Monday May 13.
10 May 2024 | Mark Shenk
Managed money investors in the US corn and soybean markets slashed shorts while adding longs in the week ended Tuesday May 7, sending the net shorts to multi-month lows...
10 May 2024 | Mark Shenk
The USDA projected that US wheat production, ending stocks, exports and demand will climb in the 2024/25 marketing year, while global output is expected to climb to a record high and stocks are expected to decline.
9 May 2024 | Mark Shenk
US weekly net sales of wheat for the 2023/24 crop year totaled 41,100 tonnes in the week to May 2, down “noticeably” from the previous week but up from the prior four-week average, the USDA said on Thursday May 9.
8 May 2024 | Mark Shenk
The USDA's influential World Agricultural Supply and Demand Estimates (WASDE) report update for May will include the first projections for the 2024-25 crop year, with analysts polled by Fastmarkets projecting that US ending stocks will climb while global stocks will dip slightly.
7 May 2024 | Mark Shenk
Sentiment among US agricultural producers tumbled in April, with monitors of both longer-term and short-term conditions sharply lower, CME Group and Purdue University’s Ag Economy Barometer survey showed Tuesday May 7.
6 May 2024 | Mark Shenk
US corn and soybean planting advanced at a slower rate than expected in the week to Sunday April 5, trailing prior year levels, the USDA’s weekly crop progress report showed on Monday May 6.
6 May 2024 | Mark Shenk
The USDA’s attaché in Kazakhstan expects that the country’s wheat production will climb 3.69 million tonnes to 15.8 million tonnes in the 2024/25 marketing year with higher spring moisture supporting crop growth through the summer.
6 May 2024 | Mark Shenk
Export inspections of US wheat declined by 36.1% to 321,124 tonnes during the week to May 2 from 502,769 tonnes the previous week, according to data from the USDA released on Monday May 6.
3 May 2024 | Mark Shenk
Managed money investors in the US agricultural sector slashed short positions in corn and wheat contracts in the week to Tuesday April 30, helping slash the net short in the markets to multi-month lows, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday May 3.
26 Apr 2024 | Mark Shenk
Investors in the US agricultural sector slashed short positions in all major markets, reducing their net short positions in the...
25 Apr 2024 | Mark Shenk
The US Department of Agriculture’s attaché in Canada said that the country’s production of principal grains (wheat, oats, barley, corn) is expected to jump by 4.9% to 61.4 million tonnes...
25 Apr 2024 | Mark Shenk
US weekly net sales of corn totaled 1,299,900 tonnes for the 2023-2024 crop year in the week ended April 18, up “noticeably” from the previous week but down by 74% from the prior four-week average...
25 Apr 2024 | Mark Shenk
US weekly net sales of wheat for the 2023-2024 crop year totaled 82,000 tonnes in the week to April 18, down from both the previous week and the prior four-week average...
22 Apr 2024 | Mark Shenk
US corn and soybean planting advanced at a steady clip in the week to Sunday April 21, surpassing their five-year averages and exceeding analysts’ expectations...
22 Apr 2024 | Mark Shenk
Export inspections of US corn increased by 19.95% to 1,623,532 tonnes in the week to Thursday April 18, up from 1,353,515 tonnes in the previous week...
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