Articles By Mark Shenk

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.
15 Aug 2024 | Mark Shenk
US weekly net sales of wheat for the 2024/25 crop year totaled 399,900 tonnes during the week to August 8, up by 24% from the previous week, but down by 6% from the prior four-week average, the US Department of Agriculture (USDA) said on Thursday August 15.
12 Aug 2024 | Mark Shenk
US corn and soybean crop conditions were unchanged in the week to Sunday August 11, while the winter and spring wheat harvests advanced at a faster clip than projected, the USDA’s weekly crop progress report showed on Monday August 12.
12 Aug 2024 | Mark Shenk
The US Department of Agriculture has reduced its estimates of US wheat stocks and production for the 2024/25 marketing year, while also reducing its expectations for global ending stocks.
12 Aug 2024 | Mark Shenk
Export inspections of US wheat rose by 37.99% to 649,199 tonnes during the week to Thursday August 8, from 470,482 tonnes the previous week, according to data from the USDA released on Monday August 12.
9 Aug 2024 | Mark Shenk
Investors in US soybean, corn and wheat contracts slashed short positions in the week to Tuesday August 6, helping to reduce net short positions, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday August 9.
9 Aug 2024 | Mark Shenk
The US hard red winter (HRW) wheat harvest is 80% complete while the reaping of soft white (SW) wheat continues to advance under favorable weather, with reports of excellent yields and high quality, the latest harvest report from the US Wheat Associates (USWA) showed on Friday August 9.
9 Aug 2024 | Mark Shenk
The USDA's influential World Agricultural Supply and Demand Estimates (WASDE) report for August is projected to boost its domestic 2024/25 crop ending stocks and production forecasts while slightly trimming global stockpile estimates, according to analysts polled by Fastmarkets.
8 Aug 2024 | Mark Shenk
US weekly net sales of wheat for the 2024/25 crop year totalled 274,000 tonnes in the week to August 1, down by 4% from the previous week and lower by 23% from the prior four-week average, the US Department of Agriculture (USDA) said on Thursday August 1.
7 Aug 2024 | Mark Shenk
The USDA attaché in the EU expects that the bloc’s grain production will decline in the 2024/25 marketing year because of a smaller planted area for grains and lower yields.
5 Aug 2024 | Mark Shenk
Export inspections of US wheat declined by 2.9% to 440,888 tonnes during the week to Thursday August 1, from 453,904 tonnes the previous week, according to data from the USDA released on Monday August 5.
2 Aug 2024 | Mark Shenk
Speculators in the US soybean market increased short positions in the week to Tuesday July 30, helping boost the net short position, which neared the record high reached in July, commitment of traders' data from the Commodity Futures Trading Commission (CFTC) showed late on Friday August 2.
2 Aug 2024 | Mark Shenk
The US hard red winter (HRW) harvest is about three quarters complete as it moves north, with quality data holding steady, the latest harvest report from the US Wheat Associates (USWA) showed on Friday August 2.
1 Aug 2024 | Mark Shenk
US millers ground 226 million bushels of wheat during the second quarter of 2024, down by less than 1% from the first quarter but up by 2% from the corresponding period a year earlier, according to the USDA’s quarterly Flour Milling Products report on Thursday August 1.
1 Aug 2024 | Mark Shenk
US weekly net sales of wheat for the 2024/25 crop year totaled 286,600 tonnes during the week to July 25, down 7% from the previous week and 41% from the prior four-week average, the US Department of Agriculture (USDA) said on Thursday August 1.
29 Jul 2024 | Mark Shenk
US soybean, spring wheat and barley crop conditions declined in the week to Sunday July 28 while corn conditions improved slightly, the USDA’s weekly crop progress report showed on Monday July 29.
29 Jul 2024 | Mark Shenk
Export inspections of US wheat jumped by 64.2% to 431,233 tonnes during the week to Thursday July 25, from 262,610 tonnes the previous week, according to data from the USDA released on Monday July 29.
29 Jul 2024 | Mark Shenk
Investors in US soybean and corn contracts, as well as two of three wheat contracts, cut short positions in the week to Tuesday July 23, helping to trim soybean net short positions, which had reached a record high the week prior, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday July 26.
25 Jul 2024 | Mark Shenk
Participants in the Wheat Quality Council’s annual tour of spring wheat crops saw additional evidence that yields will climb to the highest level in at least 30 years on the second day of inspecting crops in North Dakota, the United States’ biggest hard red spring (HRS) producing state.
22 Jul 2024 | Mark Shenk
Export inspections of US wheat dropped by 61.7% to 237,965 tonnes during the week to Thursday July 18, from 620,707 tonnes the previous week, according to data from the USDA released on Monday July 22.
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