News & Resources

Top 5 Things to Watch

19 Jan 2024

OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of Jan. 21. Watch for coverage of these and other topics through the week on our subscription platforms as well as on www.DTNPF.com.

All times listed below are in Central Standard Time (CST) unless otherwise mentioned.

1. Farm Bureau reports: DTN Senior Ag Policy Editor Chris Clayton is covering the American Farm Bureau Federation annual meeting in Salt Lake City, Utah, Jan 19-24. Farm Bill legislation, trade and other issues will all be part of speeches and sessions there.

2. Weather warmup: While this weekend includes a last burst of really cold air into South Dakota, Iowa and Nebraska, a warmup is on tap for the week ahead. That will bring increasing precipitation across eastern Texas and up into the Midwest in several waves. We could see heavy snow in the Great Lakes region, and some ice potential in the Ohio and Mid-Mississippi valleys, depending on temperatures.

3. Market happenings: Soybean markets are watching for the start of Brazilian harvest as well as the ongoing reports of China's potential economic slowdown. DTN Lead Analyst Todd Hultman will speak at the Sioux Falls, South Dakota farm show from Wednesday through Friday. It's a great place to hear the latest market thoughts and ask your marketing questions.

4. Stewart returns: DTN Livestock Analyst ShayLe Stewart returns Monday; watch for her market commentary throughout the week.

5. Economic reports to watch: Monday we'll report grain inspections at 10 a.m. Then, Tuesday sees U.S. bioenergy statistics at 2 p.m. On Wednesday, we'll see the S & P PMI numbers released at 8:45 a.m. A busy Thursday starts with a number of reports released at 7:30 a.m., including 4th quarter GDP, initial jobless claims, durable goods orders, U.S. trade balance, U.S. retail and wholesale inventories, and U.S. export sales. Friday we'll watch for personal Income, personal spending and the PCE Index at 7:30 a.m. At 9 a.m. the pending home sales index will be released.

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