By DTN Staff
OMAHA (DTN) -- Here are the Top 5 things the DTN Newsroom is tracking for the week of July 14. 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 report release times are Central Daylight Time (CDT) unless otherwise noted.
1. Crop reports become important: With each week, the Monday USDA NASS Crop Progress reports give the world increasing insight into how the 2024 corn, soybean and other crops are shaping up. There will be careful attention to crop conditions following the mixed bag of flash droughts and flash floods the past several weeks.
2. Post-Beryl storms: After Hurricane Beryl spun up storms from Texas to New England, some areas will be drier this week. But there are still chances of showers and storms across the Midwest, while a front from the Rockies increases the chance of storms in the Northern and Central Plains. Most areas will see an early week warmup followed by somewhat cooler conditions as the front moves in.
3. Market signals: Last week's World Agricultural Supply and Demand Estimates (WASDE) report brought some slightly bullish news, actually less bearish than expected. We'll watch how world news, including reaction to the weekend assassination attempt on former President Donald Trump, influences commodity and equity markets. If you missed DTN Senior Grains Analyst Dana Mantini's review of WASDE, you can catch it here: https://www.dtnpf.com/….
4. Dairy herd safety: We're continuing to track the spread of H5N1 avian influenza on dairy cattle, including the latest on biosecurity efforts in the dairy industry.
5. Economic reports to watch: Monday, reports start at 7:30 a.m. with the Empire State Manufacturing Survey. At 10 a.m. we'll have latest Grain Inspections reports, followed at 11 a.m. with the ERS Feed Grains Database update. At 2 p.m., ERS Season Average Prices and Wheat Data hits, followed by the 3 p.m. USDA NASS Crop Progress report. We'll have analysis of the latest crop conditions as well. Tuesday reports also start at 7:30 a.m. with a host of updates, including U.S. Retail Sales, Import Price Index, and Imports and Exports numbers. At 9 a.m. there's the Business Inventories and Home Builder Confidence Index. At 11 a.m. is the ERS Oil Crops Outlook. At 2 p.m. the ERS Feed and Wheat Outlooks are out. On Wednesday we'll see Housing Starts and Building Permits reports at 7:30 a.m., with Industrial Production and Capacity Utilization updates at 8:15 a.m. At 9:30 a.m. EIA's weekly petroleum status report including ethanol is out, and at 2 p.m. we'll see Broiler Hatchery numbers. The early reports continue Thursday with the 7:30 a.m. Grain Export sales and Initial Jobless Claims numbers. At 9 a.m., we'll await the latest Leading Economic Indicators and at 10:30 a.m. we'll see the Weekly Economic Index. Friday we'll have the CFTC Commitment of Traders report (COT) at 2:30 p.m., with the latest USDA Cattle on Feed numbers at 3 p.m., including our analysis on those numbers.
Watch for the latest news at www.dtnpf.com, and follow and like our Facebook page at www.facebook.com/dtnprogressivefarmer. Listen to our Field Posts podcasts at https://www.dtnpf.com/… and find our news on Instagram as well. Give us a follow @dtn.agnews
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