Top 5 Things to Watch
20 Aug 2023
By DTN Staff
OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of Aug. 20. Watch for coverage of these and other topics through the week on our subscription platforms as well as on DTNPF.com.
1. Rebound crop: There seems little letup on the ongoing discussion on how well the 2023 corn and soybean crops have rebounded following recent rains. We'll continue to have reports from the field as we track grain fill and pod set, leading up the USDA's next World Agricultural Supply and Demand Estimates (WASDE) report Sept. 12. If you participated in our DTN Summit Series event Aug. 15, you know Gro Intelligence added a bit to the 177-bushel-per-acre average estimate on corn revealed during our Digital Yield Tour the week prior. Will those yields hold through August? Stay tuned.
2. Weather: The wall of hot weather taking hold across the country will be the most-watched weather factor, but we're also tracking Hurricane Hilary as it moves onto the West Coast and potentially up into the Pacific Northwest and Idaho, and on into the Canadian Prairies. An early view on the hurricane can be found in our Ag Weather Forum blog; watch for updates in that space as well. DTN Ag Meteorologist John Baranick's take is here: https://www.dtnpf.com/….
3. Pipeline dreams: Tuesday marks the beginning of hearings on the Summit Carbon Solutions pipeline, which is proposed to cross Iowa and into North Dakota. Summit wants to pipe carbon dioxide to be injected into the Bakken geology formation. The Iowa Utilities Board will hold a hearing in Fort Dodge to discuss the pipeline's permit, including Summit's request for eminent domain rights on parcels of land that have not signed easements.
4. Broadband update: USDA scheduled an update on its investments in rural broadband, something we watch closely here at DTN. We should have results of the latest report early in the week.
5. Weekly reports of note: Monday we'll have USDA's weekly export inspections at 10 a.m. CDT, USA Crop Progress report comes in at 3 p.m. Tuesday morning we'll see U.S. existing home sales for July, with new home sales numbers out Wednesday. Wednesday also sees U.S. Energy Department's weekly energy inventories at 9:30 a.m. Then, Thursday features USDA weekly export sales report, U.S. weekly jobless claims, U.S. durable goods orders and an update of the U.S. Drought Monitor, all due at 7:30 a.m. The U.S. Energy Department's report on natural gas storage at 9:30 a.m. On Friday is the University of Michigan's index of consumer sentiment at 9 a.m.
Be sure and watch for the latest news at www.dtnpf.com, and follow and like our Facebook page at www.facebook.com/dtnprogressivefarmer.
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