Articles By Mark Shenk

3 Sep 2024 | Mark Shenk
Sentiment among US agricultural producers plunged in August, with longer-term and short-term projections sharply lower, the Purdue University/CME Group Ag Economy Barometer survey showed on Tuesday September 3.
3 Sep 2024 | Mark Shenk
Export inspections of US wheat rose by 5.2% to 577,944 tonnes during the week to Thursday August 29 from 549,467 tonnes the previous week, according to data from the USDA released on Tuesday September 3.
30 Aug 2024 | Mark Shenk
Speculators in the US corn and soybean contracts boosted long positions while trimming short positions in the week to Tuesday August 27, helping reduce net short positions, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday August 30.
30 Aug 2024 | Mark Shenk
The US hard red winter (HRW) wheat harvest is nearly complete, while the reaping of the nation’s soft white (SW) crop is progressing at a fast pace with favorable weather, the latest harvest report from the US Wheat Associates (USWA) showed on Friday August 30.
29 Aug 2024 | Mark Shenk
The European Commission expects cereal production for the 2024/25 marketing year to total 264.5 million tonnes, down from an estimated 269.9 million tonnes in the 2023/24 marketing year, it said on Thursday August 29.
29 Aug 2024 | Mark Shenk
US weekly net sales of wheat for the 2024/25 crop year totaled 532,100 tonnes during the week to August 22, up by 8% from the previous week and by 53% from the prior four-week average, the US Department of Agriculture said on Thursday August 29.
28 Aug 2024 | Mark Shenk
Canadian farmers are expected to harvest more wheat, canola and oats in 2024 compared with the prior year, while corn and barley output is expected to trail 2023 levels, according to yield model estimates using satellite imagery and agroclimatic data, Statistics Canada (Stat Can) said on Wednesday August 28.
26 Aug 2024 | Mark Shenk
US corn, soybean crop and spring wheat crop conditions declined in the week to Sunday August 25, the USDA’s weekly crop progress report showed on Monday August 26.
26 Aug 2024 | Mark Shenk
Export inspections of US wheat rose by 44.1% to 537,179 tonnes during the week to Thursday August 22 from 372,707 tonnes the previous week, according to data from the USDA released on Monday August 26.
23 Aug 2024 | Mark Shenk
Managed money investors in the US soybean and corn contracts trimmed long positions in the week to Tuesday August 20, helping bolster net short positions, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday August 23.
23 Aug 2024 | Mark Shenk
The US hard red winter (HRW) wheat harvest is more than 90% complete, while more than half of the nation’s soft white (SW) crop has been reaped, with protein, moisture and test weights looking very good, the latest harvest report from the US Wheat Associates (USWA) showed on Friday August 23.
23 Aug 2024 | Mark Shenk
Canada’s agriculture and fertilizer sectors expressed relief after the federal government took action to end the lockout at the country’s two major freight railroads, which threatened to cripple the domestic economy and spill over to the US.
22 Aug 2024 | Mark Shenk
The shutdown of Canada’s two major freight railroads threatens to hurt both the Canadian and US economies, with agriculture and the fertilizer industry being two of the sectors most vulnerable to the stoppage, industry analysts told Fastmarkets.
22 Aug 2024 | Mark Shenk
US weekly net sales of wheat for the 2024/25 crop year totaled 492,700 tonnes during the week to August 15, up by 45% from the previous week and by 63% from the prior four-week average, the US Department of Agriculture said on Thursday August 22.
21 Aug 2024 | Mark Shenk
The US Department of Agriculture (USDA)’s attaché in Kazakhstan expects that the country’s wheat and barley production will jump in the 2024/25 marketing year, but farmers are concerned that a bumper harvest and barriers to trade will lower prices for both grains.
20 Aug 2024 | Mark Shenk
Canada’s agriculture and fertilizer industries are among the sectors that will be seriously hit if the country’s two largest railroad companies cease operations on Thursday August 22, as they have threatened to do if no agreement is reached with a union.
19 Aug 2024 | Mark Shenk
Export inspections of US wheat rose by 47.9% to 347,519 tonnes during the week to Thursday August 15 from 666,662 tonnes the previous week, according to data from the USDA released on Monday August 19.
16 Aug 2024 | Mark Shenk
Speculators in US soybean and corn contracts, as well as two of three wheat contracts, increased short positions in the week to Tuesday August 13, helping boost net short positions, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday August 16.
16 Aug 2024 | Mark Shenk
The US hard red winter (HRW) wheat harvest is almost 90% complete with good crop quality, while about half of the nation’s soft white (SW) crop has been reaped, the latest harvest report from the US Wheat Associates (USWA) showed on Friday August 16.
15 Aug 2024 | Mark Shenk
The US Department of Agriculture (USDA)’s local attaché in Australia has said that the country’s wheat and barley production is projected to climb in 2024/25, while Australian farmers deal with dramatically different growing conditions depending on location.
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