By DTN Staff
OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of March 24. Watch for coverage of these and other topics through the week on our subscription platforms as well as on www.DTNPF.com. Note that all webinar and report release times are Central Daylight Time (CDT) unless otherwise noted.
1. March USDA reports: The March USDA Grain Stocks and Prospective Planting reports will be released at 11 a.m. on March 28. We'll post those numbers shortly after 11, with updates and analysis throughout the morning. Our preview expectations for the report will be available mid-week, and we'll host a webinar on the reports with DTN Lead Analyst Todd Hultman at 12:30 p.m. To register for that webinar, go here: https://www.dtn.com/….
2. Spring storm cometh: Cold air from Canada bumping into warmer air to the south is leading to a major storm system this weekend that should last well into next week. Much of the country could see high snowfall totals, blizzard conditions in some areas, some freezing rain, and strong winds. For the latest, see our Ag Weather Forum blog here: https://www.dtnpf.com/….
3. EU responds to Russian grain dumps: European media have been reporting on European Union efforts to slow grain exports from Russia and Belarus in response to the Russia-Ukraine war. EU leaders are attempting to balance excess exports onto world markets from Putin's grain dump while still allowing food supplies into African nations that need it. EU countries are also trying to respond to their own farmers crying foul as Ukraine exports -- needed by that country to shore up its war effort -- have depressed produce and other food prices in bordering countries.
4. Good Friday break: The DTN newsroom will be closed for the Good Friday market holiday, but we'll have breaking news updates throughout the day and weekend.
5. Economic reports to come: Monday at 8 a.m. the Food Price Outlook is released followed by New Home Sales at 9 a.m. and Grain Inspections at 10 a.m. At 2 p.m. we'll watch for the Oil Crop Yearbook and Poultry Slaughter numbers. Tuesday starts with 7:30 a.m. release of Durable Goods Orders, at 8 a.m. we'll see the Case-Shiller Home Price Index and at 9 a.m. the latest Consumer Confidence numbers are out. Wednesday the latest EIA numbers, including ethanol production and inventory, are out at 10 a.m., followed by 2 p.m. Broiler Hatchery report. Thursday we'll watch for the 7:30 a.m. release of Initial Jobless Claims, GDP Revised Q1 reports and Grain Export Sales. At 9 a.m., Pending Home Sales and Consumer Sentiment is out. Then at 11 a.m. is the USDA Grain Stocks and Prospective Planting reports, followed by a 2 pm. release of the Hogs and Pigs report. Friday grain markets are closed for Good Friday; however, some USDA reports are still released that day. At 7:30 a.m. the U.S. Trade Balance, Retail and Wholesale Inventories, Personal Income and the PCE Index reports are released.
Watch for the latest news at www.dtnpf.com, and follow and like our Facebook page at www.facebook.com/dtnprogressivefarmer. You can find our news on Instagram as well. Give us a follow @dtn.agnews
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